10/27 Harewood Road, Papanui, Christchurch

Nestled in the serene Harewood Road of Papanui, Christchurch, this attractively priced $669,000 townhouse boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with a robust fibrous cement exterior and an iron roof, this unit-titled property is set on a level contour with a wall and roof condition rated as good. The 73 square meter floor area is part of a modern development, completed in 2024, and overlooks the picturesque St James Park. It comes with a heat pump, Smeg kitchen appliances, and a 10-year Masterbuild Guarantee. The latest sale was recorded on October 7, 2024, at $549,000, while the current government valuation stands at $620,000, reflecting a significant increase. The HouGarden AVM estimates the property at $612,500, making it an appealing investment with a promising CV growth rate.

History shows a rapid rise in the capital value, indicating a sound investment in a sought-after area. These townhouses are designed for comfort and convenience, catering to professionals, first-time buyers, frequent travelers, and investors seeking low maintenance. The location is prime, with Northlands Mall and Papanui shops within walking distance, and easy access to the city center, Hagley Park, and Christchurch International Airport. It falls within the zones of Heaton Intermediate, Waimari Primary School, and Papanui High School, with proximity to St Andrews College and several private schools in Merivale, ensuring top-notch education for the family.

With competitive interest rates and banks favoring new construction, this townhouse presents an ideal opportunity to enter the property market or expand your investment portfolio. Don't miss your chance to secure one of the last remaining townhouses in this development, set to be completed in March 2024.

Updated on November 07, 2024