3 Picton Place, Kaiapoi, Waimakariri

Nestled in the serene cul-de-sac of Picton Place, this 2015-built residence boasts a freehold title and a prime location in Kaiapoi, Waimakariri. The 254m2 floor area is complemented by 4 bedrooms, with two master suites on each level, a rarity in the market. The 743m2 section is north-facing, hosting an open plan kitchen/dining, two living areas, and a sheltered outdoor entertainment space. The property, valued at $950,000 as of July 2022, has shown a CV increase of 53.23% since August 2019. The roughcast walls and iron roof are in good condition, and the home is wheelchair-friendly with double glazing throughout. Notably, the property's HouGarden AVM is $912,500, and the latest sale was in 2012 for $179,000.

For investors, the government valuation history and the latest sale price reflect a promising capital growth trajectory. The CV jumped from $620,000 in August 2019 to the current $950,000, indicating a significant increase in value over a short period.

Educationally, the property falls within the catchment of several esteemed schools. Rangiora New Life School boasts a decile rating of 9, while Kaiapoi North School, Kaiapoi High School, Christchurch Adventist School, and Marian College are all within reach, offering diverse educational opportunities for families.

Updated on October 25, 2024