Nestled in a quiet cul-de-sac at 168 Condell Avenue, Papanui, Christchurch, this 1950-built residential dwelling sits on a generous 878m2 freehold section. The property boasts three bedrooms, a well-appointed bathroom, and a single carpark, complemented by an iron roof and roughcast walls in good condition. With a floor area of 118m2, this home offers a prime opportunity for transformation. The capital value has seen a significant increase of 45.45% from $440,000 in 2019 to $640,000 as of 2022, with a HouGarden AVM estimate of $622,500. The latest sale history includes a transaction in 2019 for $489,272 and another in 2000 for $186,000.
Educationally, the property falls within the zones of several well-regarded schools, including Wairakei School (Decile 6), Cobham Intermediate (Decile 8), Christ the King School (Decile 8), and St Patrick's School (Decile 10). The area is rich in educational resources, with secondary schools such as Villa Maria College (Decile 9) and Middleton Grange School also within reach.
With its prime location, close to shopping malls and amenities, this property presents a golden opportunity for those seeking a project with potential. The well-established garden and the potential for value addition make this a captivating prospect for the discerning buyer.
Updated on July 25, 2024