23c Porter Place, Kaiapoi, Waimakariri

Located at 23C Porter Place, Kaiapoi, Waimakariri, this residential ownership home unit is a hidden gem for first home buyers, investors, or DIY enthusiasts. The property features 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 80 square meters. Constructed in 1976 with concrete walls and tile roofing, both in average condition, this home sits on a level cross-lease land. Its low maintenance backyard and strategic location in a quiet area close to amenities make it a desirable choice. The property is also equipped with a heat pump in the living room, ensuring a comfortable living environment.

The capital value of this property has seen a significant increase from $265,000 in August 2019 to $400,000 in July 2022, marking a 50.94% growth. The latest sale recorded was in February 2024 for $410,000, up from $93,000 in June 1999. The HouGarden AVM estimates the property's value at $392,500, highlighting its potential as a valuable investment.

The property is zoned for several reputable schools, including 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). This wide range of educational options makes it an ideal location for families looking for quality schooling for their children.