Nestled within the esteemed St James Avenue, this freehold property boasts a generous floor area of 276sqm on a levelled 577sqm section. Constructed in 1930 with roughcast walls and an iron roof, both in good condition, the residence exudes a blend of classic charm and modern convenience. It features 5 bedrooms, 2 car parks, and a layout that invites potential for value-added enhancements. The capital value has seen a remarkable increase of 42.11% from $760,000 in 2019 to $1,080,000 as of 2022, with HouGarden AVM estimating it at $1,052,500. The latest sale history includes a transaction in 2024 for $910,000 and another in 1997 for $303,500.
For families, the property is strategically located within the zones of highly regarded schools such as Waimairi School, Cobham Intermediate, and Heaton Normal Intermediate, to name a few. These institutions offer a decile rating of 8 or above, ensuring a quality education for the young ones.
With its spacious design, considerate upgrades, and a location that prioritizes education and convenience, this property presents an opportunity for everyday family ease in a tranquil yet accessible part of Papanui, Christchurch.
Updated on August 28, 2024