Nestled in the serene Shepherd Place of Kaiapoi, Waimakariri, this charming one-bedroom home on a freehold title offers a tranquil haven. Constructed in 1996 with solid brick walls and an iron roof in good condition, the property presents a floor area of 110sqm on a levelled 411sqm section. The capital value has seen a significant increase, rising from $340,000 in August 2019 to $520,000 as of July 2022, showcasing a growth rate of 52.94%. The property includes a carpark and boasts a well-appointed kitchen with a sunny bay window, a modern bathroom, and a spacious bedroom. The large sunroom provides additional space for relaxation or work, while the powered garden shed/workshop caters to hobbies and storage. The property is equipped with a heat pump and DVS system for all-season comfort.
With a HouGarden AVM of $515,000 and a history of sales at $242,000 in 2011 and $215,000 in 2008, this property holds strong investment potential. The government-estimated capital value growth underscores the property's appeal. The location is further enhanced by its proximity to esteemed schools such as Rangiora New Life School with a decile rating of 9, Kaiapoi Borough School with a decile rating of 5, and Kaiapoi High School with a decile rating of 7, among others.
Here is an opportunity to become part of a peaceful community, with easy access to local amenities and the comfort of knowing that your property investment is not only a home but also a wise financial decision.
Updated on November 19, 2024