1/23 Blair Avenue, Papanui, Christchurch

Located in the serene neighborhood of Papanui, Christchurch, 1/23 Blair Avenue is a charming townhouse that boasts a blend of comfort and convenience. This property features three bedrooms, a full bathroom, and a separate toilet upstairs, with an open-plan living and dining area complemented by a highly functional kitchen on the ground floor. The home spans 100 square meters of floor area, with a durable brick and iron construction dating back to 1980, ensuring both style and stability. The property is a Cross-Lease title, offering a level of ownership within a Residential - Ownership home units category. A heat pump provides year-round temperature control, and the home's cozy style is ready to accommodate any furnishing era. Outdoors, a sheltered courtyard with established gardens awaits those with a green thumb, while the recent exterior repaint adds to the property's appeal. A single, internal access garage completes the offering, making this townhouse a must-see for young professionals, couples, and anyone in search of a character-filled home.

Over the past few years, 1/23 Blair Avenue has seen a significant increase in capital value, rising from $440,000 in August 2019 to $640,000 in August 2022, marking a 45.45% growth. This increase is a testament to the property's growing appeal in a desirable location. The latest HouGarden AVM estimates the property's value at $627,500. Historical sales data reveals a steady appreciation, with the property last selling for $397,000 in January 2020, following a previous sale at $385,000 in February 2013. This trend underscores the property's solid investment potential and the high interest it continues to attract.

Education is a priority for many families, and 1/23 Blair Avenue is ideally positioned within excellent school zones. The property is zoned for a range of schools including Christ the King School (decile 8), St Patrick's School (Bryndwr) (decile 10), Waimairi School (decile 9), Heaton Normal Intermediate (decile 9), Villa Maria College (decile 9), Middleton Grange School (Years 11 - 13) (decile 9), Emmanuel Christian School (decile 8), Papanui High School (decile 7), St Joseph's School (Papanui) (decile 9), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8). This wide range of high-decile schools ensures that educational needs for children of all ages are well catered for, making this property an ideal choice for families.

Updated on March 22, 2024.