34 Meadow Street, Papanui, Christchurch

Introducing a meticulously renovated 1950s brick home at 34 Meadow Street, Papanui, Christchurch, nestled in a serene cul-de-sac. This residence boasts four spacious bedrooms and a generous floor area of 130m2, complemented by two modern bathrooms. The property is distinguished by its cross-lease title and features a triple garage, offering ample space for vehicles or a potential workshop. The home's exterior is adorned with brick walls in good condition and an iron roof, also in good condition, ensuring durability and low maintenance. The level contour of the property adds to its appeal, making it an ideal choice for families or investors alike.

The home's capital value has seen a remarkable increase, from $495,000 in August 2019 to $690,000 in August 2022, marking a growth of approximately 39.39%. This growth is a testament to the property's value and the potential for future appreciation. The latest sale records show a transaction at $543,000 in January 2020, following a previous sale at $245,000 in June 2004. The HouGarden AVM estimates the property's value at $680,000, closely aligning with its current market standing.

Located in a highly sought-after school zone, this property offers access to top-rated educational institutions, including Heaton Normal Intermediate (decile 9), Villa Maria College (decile 9), and Paparoa Street School (decile 10), among others. The proximity to these schools makes it an excellent choice for families prioritizing education. Additionally, the home's location near Northlands Mall, local cafes, and recreational facilities enhances its desirability, providing convenience and a vibrant community atmosphere.

Updated on March 27, 2024.