Nestled in the serene cul-de-sac of Mcfaddens Road, this 1971-built, 3-bedroom, 2-bathroom home with a cross-lease title offers an inviting living space. The 160sqm floor area is complemented by a well-maintained concrete exterior and an iron roof in good condition. The property, valued at $750,000 as per the latest government valuation, has seen a CV increase of 44.23% since 2019. Currently rented for $450 a week, it sits on a level contour with a heat pump and double glazing for comfort. The recent HouGarden AVM estimates the property at $730,000, while the latest sales were recorded at $750,000 in 2024 and $800,000 in 2022.
With a prime location in a desirable school zone, the property is served by top-rated institutions such as Paparoa Street School, Heaton Normal Intermediate, and Papanui High School. This, coupled with the potential to own the entire block, makes it an attractive investment opportunity.
For families, the property falls within the decile 8 Christ the King School, and is in close proximity to other high-performing schools like Villa Maria College and Middleton Grange School. It's a choice that promises both comfort and quality education.
Updated on August 14, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 6 | 3 | 293m2 | 2025 01 24 | - | Council approved | |
 | 0.12 km | 4 | 1 | -m2 | 2024 12 19 | - | Council approved | |
 | 0.25 km | 3 | 1 | 160m2 | 2024 11 19 | $689,000 | Council approved | |
 | 0.24 km | 3 | 2 | -m2 | 2024 11 12 | $645,000 | Council approved | |
0.22 km | 3 | 116m2 | 2024 09 23 | $637,500 | Council approved |