25 Meadow Street, Papanui, Christchurch

Nestled in a serene cul-de-sac at 25 Meadow Street, Papanui, Christchurch, this charming residential dwelling on a Freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1946 with brick walls and an iron roof, both in average condition, this property offers a floor area of 133sqm and is set on a levelled 766sqm section. The capital value has seen a remarkable increase of 68.75% from $480,000 in August 2019 to $810,000 in August 2022, with a HouGarden AVM estimate of $775,000. The latest sale was recorded in 2010 at $332,000.

With a prime location in a sought-after school zone, this property is zoned for top-rated schools such as Paparoa Street School and Heaton Normal Intermediate. The surrounding educational institutions, including Christ the King School, Villa Maria College, and Middleton Grange School, all contribute to a high decile rating, making this an ideal investment for families with academic aspirations.

Boasting a sunny kitchen-dining area with a heat pump, an inter-connecting lounge with a wood burner, and a north-facing deck that overlooks a private backyard, this home has been a cherished family haven for 14 years. With potential for development or land banking in the Residential Medium Density zone, this property presents a golden opportunity for the discerning buyer.

Updated on October 04, 2024