Nestled on a level plot at 31 Isa-Lei Road, Kaiapoi, Waimakariri, this residential vacant land boasts a freehold title, promising endless possibilities for your future development. With unknown specifics regarding the wall and roof construction, this property invites a blank canvas for your architectural vision. The 340 square meter land area is strategically located in a prime position, enhancing its investment potential.
As per the property's valuation history, the capital value as of July 2022 stands at $300,000, while the HouGarden AVM estimates it at $275,000. The latest sale record, from October 14, 2024, indicates a transaction price of $680,000, reflecting a significant appreciation in value. This trend highlights the rapid increase in the property's capital value, making it an attractive prospect for investors.
In terms of education, the property falls within the catchment area of several esteemed schools. Rangiora New Life School, a composite school with a decile rating of 9, is among the options, alongside Kaiapoi North School, a full primary with a decile 7 rating. For secondary education, both Kaiapoi High School (Year 9-15) and Marian College (Year 9-15) with decile ratings of 7 and 8 respectively, are available. The Christchurch Adventist School, a composite with a decile rating of 5, provides an alternative choice.
Updated on December 11, 2024