2/7 Gambia Street, Papanui, Christchurch

Nestled in the esteemed suburb of Papanui, this 2-bedroom, 1-bathroom townhouse on 75 sqm of land area presents an alluring freehold opportunity. Constructed with a mix of materials for the walls and iron for the roof, it stands testament to modern living, boasting a floor area of 76 sqm and a CV of $580,000 as of August 2022. The property, built in 2023, is in a level contour with good wall and roof conditions, offering an easy-care lifestyle. The latest sale was recorded at $590,000 on 29th April 2020, and the HouGarden AVM estimates the property's value at $572,500, indicating a potential growth opportunity for investors.

With a notable capital value increase, this residence is not just a home but a sound investment. It is zoned for top-performing schools, including Paparoa Street School with a decile rating of 10 and Papanui High School with a decile rating of 7. Other educational institutions in the vicinity have equally impressive decile ratings, making this an ideal location for families.

Enjoy the convenience of living in a quiet cul-de-sac, with easy access to St Andrew's College, Merivale Village, and Northlands Mall. This property is perfect for those seeking a combination of style, comfort, and an unbeatable location.

Updated on November 08, 2024