118 Harewood Road, Papanui, Christchurch

Nestled on a generous 1012 sqm section in the coveted Harewood Road, this 1930's weatherboard home offers a rare opportunity. With a Freehold title, this property boasts 3 bedrooms, a spacious open plan living and kitchen area, an updated bathroom, and a separate toilet. The well-maintained Iron roof and Wood exterior walls are in good condition, complemented by a single garage with additional storage. The capital value has seen a rapid increase of 46.81% from $470,000 in 2019 to $690,000 as of 2022. The HouGarden AVM estimates the property's worth at $632,500. Zoned for top-rated schools such as Bishopdale Primary, Cobham Intermediate, and Papanui High School, this property is perfect for families. The location is ideal, with easy access to shopping, amenities, and dining options.

Historically, the property has shown a strong CV growth, indicating a sound investment. The recent sale history and the property's potential for renovation or subdivision make it an even more attractive proposition. The sunny north-facing deck and the expansive backyard provide a serene retreat, adding to the property's appeal.

For families with school-aged children, the property falls within the catchment area of several high-performing schools, including St Patrick's School and Christ the King School. The local school network is a decile 8 or above, ensuring access to quality education. This is a unique opportunity to own a piece of real estate with significant potential in a sought-after area.

Updated on December 13, 2024