3/7 Wilmot Street, Northcote, Christchurch

Nestled in the heart of Papanui, this charming 3-bedroom, 1-bathroom bungalow on 3/7 Wilmot Street, Northcote, Christchurch, offers a blend of classic appeal and modern convenience. Constructed in 1950 with wood walls and tiled roofing, this cross-lease property sits on a level contour with an average wall and roof condition. It boasts a floor area of 87 square meters and a single carpark, making it an ideal starter home, investment opportunity, or development project. The property has seen a significant Capital Value increase of 50% from $280,000 in 2019 to the current $420,000, with a HouGarden AVM estimate of $382,500. The latest sale was in 2002 for $90,500, highlighting the property's potential for growth.

For families, the property falls within a highly sought-after school zone, including Bishopdale School (Decile 3), Christ the King School (Decile 8), and Villa Maria College (Decile 9), among others. The location is not only convenient for education but also for shopping, dining, and leisure, with Northlink Shopping Centre, Northlands Mall, and the Graham Condon Pool & Recreation Centre all within easy reach.

Whether you're looking for a cozy home to renovate or a strategic investment, this property presents a golden opportunity. It's a deceased estate, and the executor's instructions are clear - it must be sold. Don't miss your chance to secure this property in a thriving neighborhood.

Updated on December 11, 2024