4/24 Hoani Street, Papanui, Christchurch

Nestled in the serene cul-de-sac of Hoani Street, Papanui, Christchurch, this 114sqm residential unit boasts 3 bedrooms and a single carpark. Constructed with a mix of materials for the walls and iron for the roof, this freehold property is only a year old, with both the walls and roof in good condition. The property sits on a level contour, providing a spacious 149sqm land area.

As per the latest valuations, the capital value has seen a stable growth with the government valuation standing at $710,000 as of August 2022. The HouGarden AVM estimates the property's worth at $680,000, closely reflecting the recent sale price of $685,000 on February 20, 2024, indicating a healthy investment opportunity.

For families with children, the property falls within a desirable school zone. With excellent educational facilities and a high decile rating, the local schools are a significant highlight for this property.

Updated on April 10, 2024