Nestled in the serene Gambia Street of Papanui, Christchurch, this delightful 2-bedroom, 1-bathroom unit is set on a level contour with a cross-lease title. Constructed in 1975 with concrete walls and tiled roof, the property exudes a charming blend of vintage appeal and modern comfort. The spacious 115sqm floor area is designed with an open-plan kitchen and living area, perfect for contemporary living and entertainment. The property has seen a significant Capital Value increase of 43.66% from $355,000 in 2019 to the current $510,000 as per the latest government valuation. The HouGarden AVM estimates the property at $515,000, with the latest sale recorded at $420,000 in 2020, showcasing a promising investment opportunity. The property falls within the zones of esteemed schools such as Paparoa Street School and Heaton Normal Intermediate, both known for their high decile ratings, ensuring a quality education for the family.
With a single carpark and a private outdoor area, this home is not just a haven for relaxation but also conveniently located near Northlands Mall, restaurants, and supermarkets. The property's convenient location, coupled with its capital value growth potential and access to top-notch education, makes it an attractive option for first-time buyers, downsizers, or investors. Experience the harmony of convenience and comfort in this charming property.
As for the school network, the area is served by a range of high-quality educational institutions, including Christ the King School, St Patrick's School, and Villa Maria College, all with impressive decile ratings. This property offers not just a home but a community where education and convenience meet.
Updated on September 16, 2024