35 Bellvue Avenue, Papanui, Christchurch

Nestled in the serene Bellvue Avenue, Papanui, Christchurch, this charming 3-bedroom, 1-bathroom residence with a single carpark is a freehold property on a 607m2 north-facing section. Constructed in 1910 with wood walls and an iron roof, both in average condition, this home offers a project of potential with a current Capital Value (CV) of $630,000, a significant increase from $395,000 in 2019, reflecting a growth of 59.49%. The property, zoned for both current comfort and future development, is complemented by a mature garden and a heat pump for climate control. Close to esteemed schools such as Christ the King, St Patrick's, and Heaton Normal Intermediate, all within deciles 8 to 10, this property is not only an ideal family home but also a wise investment in a prime location.

With a HouGarden AVM of $602,500 and recent sales history showing a sale in 2024 for $750,000 and another in 2021 for $470,000, the value of this property is on a clear upward trend. This is an opportunity not to be missed, especially with the prospect of adding personal touches to a home that has been loved by one family for 44 years.

For families with school-aged children, the property falls within the catchment area of several high-performing schools, including Villa Maria College and Middleton Grange School, both with a decile rating of 9. The chance to be part of a community with such a wealth of educational options is a significant advantage to this property.

Updated on April 10, 2024