Nestled in the heart of Kaiapoi, 18 Whitefield Street presents a unique opportunity for visionaries. This 1964-built property, with its concrete walls and iron roof, shows average condition but holds incredible potential. It features 3 bedrooms, an open plan living area with bi-fold doors leading to the outdoors, and a substantial 852m2 section. The freehold property also boasts an oversized garage with power, perfect for hobbyists or car enthusiasts. The property's level contour and its location in a residential dwelling category further enhance its appeal.
The property has seen a significant increase in capital value, from $380,000 in August 2019 to $530,000 in July 2022, marking a 39.47% growth. The latest HouGarden AVM estimates its value at $510,000, while its most recent sale was at $480,000 in February 2024, up from $275,000 in September 2011. This trajectory underscores the property's potential for growth and the opportunity it presents for investors or homeowners willing to invest in its transformation.
Education is a priority, and this property is ideally located within excellent school zones. Rangiora New Life School (decile 9), Kaiapoi Borough School (decile 5), Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8) are all within reach, offering a range of educational options for families. The diverse decile ratings reflect the variety of schooling options available, catering to different needs and preferences.
Updated on April 05, 2024.