Nestled at the end of a quiet cul-de-sac on 8 Blair Avenue, Papanui, Christchurch, this Residential - Dwelling is a freehold property built in 1924. The weatherboard bungalow with an iron roof and wood exterior walls boasts 2 bedrooms, 2 carparks, and a floor area of 115sqm on a levelled 1,012sqm land. The property, with average wall condition and fair roof condition, presents a development opportunity with the existing house providing holding income. The capital value has seen a significant increase of 66.67% from $540,000 in 2019 to $900,000 in 2022, with the HouGarden AVM estimating it at $837,500.
For families, the property is zoned for highly sought-after schools such as Waimairi School, Heaton Normal Intermediate, and Papanui High School. The location offers easy access to Northlands Shopping Centre, Merivale Mall, and other amenities, making it a prime real estate with great urban appeal. The open-plan living area, sun-drenched lounge, and north-facing decking provide a comfortable living space, while the expansive lawn and mature trees promise a serene garden experience.
With a range of schools nearby, including Christ the King School, St Patrick's School, and Villa Maria College, all with high decile ratings, this property is ideal for families seeking quality education. The property's potential is endless, whether for renovation or development, in a convenient location with easy access to public transport and the Northern Line cycle trail.
Updated on July 09, 2024