4b Grassmere Street, Papanui, Christchurch

Nestled in the serene cul-de-sac of Grassmere Street, this 1991-built residential gem in Papanui, Christchurch, offers a perfect blend of convenience and comfort. The 3-bedroom, 1-carpark home sits on a level contour with brick exterior walls and an iron roof, both in good condition. It boasts a floor area of 130sqm and is under a Cross-Lease ownership. The property's Capital Value (CV) has seen a remarkable increase from $405,000 in 2019 to $590,000 in 2022, reflecting a growth of 45.68%. The HouGarden AVM estimates it at $547,500, while the latest sale was recorded at $630,000 in 2024.

For families with school-aged children, the property falls within the zones of esteemed institutions such as Paparoa Street School with a decile rating of 10, Christ the King School at 8, Heaton Normal Intermediate and St Joseph's School at 9, and Papanui High School at 7, among others. This makes it an ideal investment for those seeking quality education in a convenient location.

With a generous sun-drenched living area, an open-plan kitchen/dining space, and a north-facing garden, this home is perfect for young families, couples, professionals, or investors. Its prime location, within walking distance to Northlands Shopping Mall and with easy access to public transport, adds to its appeal. Don't miss the opportunity to secure this property before it's gone.

Updated on July 03, 2024