Nestled in the coveted suburb of Papanui, Christchurch, this charming 2-bedroom, 1-bathroom home with a single carpark on a cross-lease title is a delightful package. Constructed in 1973 with concrete walls and tiled roof, both in good condition, the property boasts a level contour and a floor area of 90 square meters. The capital value has seen a rapid increase of 36.92% from $325,000 in 2019 to $445,000 as of August 2022. The HouGarden AVM estimates the property at $437,500, while the latest sale was recorded at $301,650 in 2019, following a previous sale at $215,000 in 2010.
With a prime location in a quiet cul-de-sac, the residence is zoned for top-rated schools including Paparoa Street School, Heaton Normal Intermediate, and Papanui High School. The area is a hub of educational excellence, with several other high-decile schools in close proximity.
Not only is the property move-in ready with insulated walls, two heat pumps, and a ventilation system for year-round comfort, but it also offers the convenience of being within walking distance to Northlands Mall, supermarkets, cafes, and public transport. Whether you're a first-time buyer or seeking to downsize, this home presents an opportunity not to be missed.
Updated on August 14, 2024