19a Moreland Avenue, Papanui, Christchurch

Nestled in the serene cul-de-sac of Moreland Avenue, this 1998-built residence boasts a concrete exterior and an iron roof, both in good condition. It offers 3 bedrooms, 1 bathroom, and a floor area of 90 square meters, within a cross-lease ownership structure. The property, valued at $520,000 as per the latest government valuation, has seen a remarkable increase of 44.44% from its $360,000 valuation in 2019.

With a HouGarden AVM of $510,000, the property's latest sale was for $600,000 in 2024, following a previous sale in 2013 for $360,000. This indicates a strong capital value growth and investment potential.

For families, the property falls within the catchment area of several well-regarded schools, including Cobham Intermediate and Christ the King School, both with a decile rating of 8. Other nearby schools such as St Patrick's School, Waimairi School, and Villa Maria College, offer decile ratings of 10, 9, and 9 respectively, ensuring a quality education for children of all ages.

Updated on August 28, 2024