19 Moreland Avenue, Papanui, Christchurch

Nestled in the desirable suburb of Papanui, 19 Moreland Avenue presents a charming residentialdwelling from 1950, featuring 4 bedrooms and a spacious floor area of 130sqm. Constructed with roughcast walls and an iron roof in good condition, this cross-lease property is set on a level contour, ensuring a sturdy foundation for potential renovations. The property's Capital Value (CV) has seen a remarkable increase of 47% from $430,000 in 2019 to $630,000 in 2022, demonstrating strong growth potential. The latest HouGarden AVM estimates the property's worth at $587,500, with a notable sales history showing an increase from $125,500 in 2002 to $406,000 in 2014.

For families, the property falls within the zones of several high-performing schools, including Cobham Intermediate and Christ the King School, both decile 8, and St Patrick's School, a decile 10 institution. Other schools in the area include Waimairi School (decile 9), Villa Maria College (decile 9), Middleton Grange School, and Emmanuel Christian School, all catering to various educational needs. The property's convenient location near Northlands Mall and the city center further enhances its appeal.

With a heat pump for year-round comfort, modernized kitchen, and the potential for versatile room configurations, this property is perfect for those seeking a blend of classic charm and modern living. Don't miss the opportunity to secure this property in the final week before it's snapped up.

Updated on July 04, 2024