25 Akaroa Street, Kaiapoi, Waimakariri

Located at 25 Akaroa Street, Kaiapoi, Waimakariri, this freehold property is a gem for first home buyers and families aiming to secure a spot on the property ladder. The residence, constructed in 1946 with wood walls and fibrous cement roofing, spans 113m2 on a generous 918m2 section. It features three bedrooms, an unspecified number of bathrooms, and two carparks. The property's condition is described as average, both for the walls and the roof, and it sits on level ground, making it an ideal family home.

From a financial perspective, the property has seen a significant capital value increase, from $340,000 in August 2019 to $530,000 by July 2022, marking a 55.88% growth. The HouGarden AVM estimates its value at $520,000. Its sale history reveals transactions at $350,000 in both June 2018 and November 2015. The property is currently marketed with a negotiable price over $549,000, highlighting its appeal and potential for further value addition.

The property is situated in a prime location for families, within the zones for Kaiapoi Borough School (decile 5), Kaiapoi High School (decile 7), Rangiora New Life School (decile 9), Christchurch Adventist School (decile 5), and Marian College (decile 8). This diverse range of educational options, combined with the property's proximity to amenities, public transport, and parks, makes it an attractive option for families of all sizes.

Updated on March 22, 2024.