112 Paparoa Street, Papanui, Christchurch

Nestled in the highly desirable location of 112 Paparoa Street, Papanui, Christchurch, this freehold property boasts 3 bedrooms, 2 carparks, and a floor area of 180 sqm on a sprawling 764 sqm land. Constructed with a mix of materials for the walls and iron for the roof, this 2024-built home is in a good condition both inside and out. The property, valued at $1,220,000 according to the latest government valuation, has seen a rapid increase in capital value. The HouGarden AVM estimates it even higher at $1,225,000. The recent sale history is impressive, with a sale in 2024 for $1,400,000, a significant jump from the $400,000 sale in 2021.

For families with school-aged children, the property falls within the zones of several high-performing schools, including Paparoa Street School with a decile rating of 10, Christ the King School at 8, and Heaton Normal Intermediate at 9. Other nearby schools like St Patrick's School and Villa Maria College are also among the top-rated in the area.

Set in a quiet cul-de-sac, this property offers a serene environment with a private north-facing terrace and established plantings. Whether you choose to renovate the existing home or develop the 1,366 sqm site, it presents a golden opportunity in a prime, established neighborhood minutes away from amenities and schools.

Updated on September 04, 2024