Located at 17 Pender Street, Kaiapoi, Waimakariri, this residential vacant land spans 318 square meters with a freehold ownership type. Despite the lack of detailed information on the building's age, roof, and wall construction and condition, its level contour presents a blank canvas for potential development. The property does not include any bedrooms, bathrooms, or car parks, and the floor area is unspecified, highlighting its status as a vacant plot ready for transformation.
The capital value of the property as of July 1, 2022, was $290,000, with a HouGarden AVM estimated at $285,000. The latest sale records show a consistent sale price of $275,000 on both January 29, 2024, and December 9, 2021, indicating a stable market value in recent transactions. This data suggests a slight increase in the property's capital value over time.
The property is favorably located within the zones of several reputable schools, including Rangiora New Life School (Composite, Decile 9), Kaiapoi North School (Full Primary, Decile 7), Kaiapoi High School (Secondary Year 9-15, Decile 7), Christchurch Adventist School (Composite, Decile 5), and Marian College (Secondary Year 9-15, Decile 8). This diverse range of educational institutions offers excellent options for families considering the property's potential for residential development.