1/89 Windermere Road, Papanui, Christchurch

Nestled in the esteemed Papanui neighborhood, this charming 2-bedroom, 1-bathroom townhouse with a single carpark presents an ideal living space for professionals and retirees alike. Constructed in 1981 with sturdy brick walls and an iron roof, both in good condition, the property sits on a level contour within a quiet cul-de-sac. The 88sqm floor area is complemented by a well-updated kitchen that greets the morning sun, alongside a cozy dining area. The north-facing living room bathes in sunlight throughout the day and extends to a private patio, perfect for unwinding. The bedrooms, including a double and a single, are conveniently located next to each other, with separate amenities for added comfort. This tranquil retreat boasts a single garage, off-street parking, and an adjacent shed for additional storage. It's set on TC2 land, minutes away from Northlands Mall and within walking distance to St James Park. The property's capital value has seen a significant increase of 44.44% from $450,000 in 2019 to $650,000 as of 2022, with a HouGarden AVM estimate of $645,000. Notably, the latest sale was recorded at $617,500 in 2024, following a previous sale at $455,000 in 2017. The school zones include top-rated institutions such as Waimairi Primary, Cobham Intermediate, Heaton Intermediate, and Papanui High School.

With a prime location and a CV growth that outpaces the market average, this townhouse is not just a home but a sound investment for the future.

Education opportunities are abundant, with schools like Cobham Intermediate and Christ the King School boasting a decile rating of 8, while St Patrick's School in Bryndwr is a 10. The area is rich in educational diversity, catering to a range of ages and school types, from primary to secondary and intermediate levels.

Updated on November 13, 2024