164 Williams Street, Kaiapoi, Waimakariri

Nestled in the heart of Kaiapoi's bustling CBD, this versatile commercial property on 164 Williams Street is a freehold opportunity not to be missed. Constructed in 1926 with mixed materials for the walls and iron for the roof, this building boasts an average condition and a floor area of 109m² on a generous land area of 207m². Formerly used as a General Practice, it offers high visibility, excellent signage options, and the flexibility to cater to a variety of small health operations. The property, with a current Capital Value (CV) of $510,000, has shown a growth of 13.33% since 2019, reflecting its increasing market worth. It is strategically positioned with easy accessibility, surrounded by retail and business outlets, and is just a short stroll from popular cafes.

With a HouGarden AVM of $515,000 and a latest sale history in 2002 for $140,000, this property presents a sound investment in a town with a growing residential catchment. It's perfect for an entry-level investor or for someone seeking their own premises. The property benefits from front and rear access, including two off-street carparks and three kitchenettes, enhancing its appeal for multi-use tenancies.

For families, the property falls within the catchment of esteemed schools such as Rangiora New Life School (Decile 9), Kaiapoi Borough School (Decile 5), Kaiapoi High School (Decile 7), Christchurch Adventist School (Decile 5), and Marian College (Decile 8), ensuring a quality education for all ages.

Updated on October 01, 2024