32 Hoani Street, Papanui, Christchurch

Nestled at 32 Hoani Street, Papanui, Christchurch, this charming dwelling boasts 2 bedrooms, 1 bathroom, and a single carpark, all on a freehold title. Constructed in 1940 with wood walls and an iron roof, this residence sits on a level 500sqm section with a floor area of 92sqm. The property has seen an impressive CV increase of 62.32% from $345,000 in 2019 to $560,000 in 2022, reflecting a strong capital growth. The latest sales were recorded at $380,000 in 2020 and $340,000 in 2017, while the current HouGarden AVM estimates it at $552,500.

With a desirable school zone that includes top-rated institutions such as Bishopdale School, Christ the King School, and St Patrick's School, this property is ideal for families seeking quality education. Other schools in the area include Villa Maria College, Middleton Grange School, and Emmanuel Christian School, all contributing to a high decile rating and a thriving educational community.

Not only is the property strategically located near Northlands, North Link, and Mitre 10, but it also enjoys easy access to public transport and the airport, making daily commuting a breeze. The spacious and sunlit open plan living, with French doors leading to an elevated decking, offers the perfect blend of relaxation and entertainment. This property presents an affordable opportunity for first home buyers and investors looking to capitalize on a rapidly appreciating area.

Updated on November 07, 2024