13 Magnate Drive, Kaiapoi, Waimakariri

Nestled amidst palm tree-lined streets, this one-owner family home at 13 Magnate Drive, Kaiapoi, Waimakariri, is a freehold property built in 2015 with a brick exterior and tiled roof, both in good condition. It boasts 4 bedrooms, 2 carparks, and a floor area of 228m2 on a levelled 747m2 land. The property has seen a 53.57% increase in Capital Value from $560,000 in August 2019 to $860,000 as of July 2022. The HouGarden AVM estimates the property at $837,500, while the latest sale was in 2013 for $175,000.

With a CV growth rate that outpaces the market, this residence is not just a home but a sound investment. It features open-plan living, a separate lounge, and north-facing patios that bask in all-day sun, complemented by a wood burner and heat pump. The kitchen is equipped for a master chef with stainless steel appliances and a large island. The oversized joinery allows an abundance of natural light into the 4 double bedrooms, with the master featuring an ensuite and walk-in robe.

Located in a prime educational zone, the property falls within the decile 9 Rangiora New Life School, decile 7 Kaiapoi North and High Schools, decile 5 Christchurch Adventist School, and decile 8 Marian College. It's a family-friendly area with easy access to outdoor amenities, Ryder Park, the Kaiapoi Golf Course, Pines Beach, and a short drive to Christchurch via State Highway 1.

Updated on August 30, 2024