10/27 Sails Street, Papanui, Christchurch

Nestled in the serene Sails Street at 10/27, this residential gem in Papanui, Christchurch, boasts a freehold title and a contemporary design by Wolfbrook, completed in 2022. The townhouse features 2 bedrooms, 1 bathroom, a single carpark, and a spacious floor area of 83sqm on a level contour, all enclosed within a mixed-material exterior and a robust iron roof in good condition. Not only does it offer a private backyard for tranquility, but it also stands out with a 45.45% CV increase from $385,000 in 2019 to the current $560,000, with a HouGarden AVM of $520,000. The latest sales history shows a high demand, with a sale price of $699,000 in July 2022, following $645,000 in May 2021.

For families with school-aged children, this property falls within a highly sought-after school zone, including top-rated schools such as St Patrick's School (Bryndwr) with a decile of 10, and Villa Maria College at decile 9. Other educational institutions in the vicinity offer a range of options for all levels, ensuring a sound investment in education.

With its prime location, close to Northlink and Northlands mall, and easy access to the City Centre, this townhouse is not just a home but a smart investment. Whether you're a first-time buyer or a seasoned investor, this property presents an opportunity to embrace the best of Christchurch living.

Updated on May 03, 2024