Nestled at 25 Erica Street, Papanui, Christchurch, this residential vacant land boasts a freehold title over 866m2. With an unknown roof and wall construction, this level plot is ripe for your dream home or a strategic investment. The property's Capital Value (CV) as of August 2022 stands at $720,000, reflecting its growing worth.
History shows a consistent rise in the property's value, with the HouGarden AVM estimating it at $715,000. Recent sales in the area affirm the upward trend in capital value percentages. This rear section offers a serene environment, minutes away from Erica Playground and Taunton Green Reserve, enhancing its appeal.
For families, the property falls within the highly sought-after school zones of Paparoa Street School and Heaton Intermediate, among others. The nearby Christ the King School, St Patrick's School, and Villa Maria College are all decile 9 or 10, ensuring top-notch education for the young ones. A walk path behind the fence allows for leisurely strolls along a scenic stream, while Northland Shopping Centre and Merivale Mall are within walking distance, offering convenience and lifestyle.
Updated on November 05, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.05 km | 2 | 1 | 80m2 | Year 2024 Month 12 Day 02 | - | Council approved | |
 | 0.23 km | 3 | 2 | 140m2 | Year 2024 Month 11 Day 14 | - | Council approved | |
 | 0.10 km | 2 | 1 | 130m2 | Year 2024 Month 10 Day 25 | - | Council approved | |
 | 0.27 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 26 | - | Council approved | |
 | 0.29 km | 4 | 138m2 | Year 2024 Month 09 Day 18 | $793,000 | Council approved |