Nestled in the serene cul-de-sac of 2/13 Claremont Avenue, Papanui, Christchurch, this well-maintained 2-bedroom, 1-bathroom unit with a single carpark presents an enticing opportunity for homeowners. Constructed in 1970 with iron roofing and concrete walls in good condition, the property sits on a level contour and is governed by a Cross-Lease ownership. The 120m2 floor area is complemented by recent renovations, including new vinyl flooring and carpets, and a modern kitchen. The property's Capital Value (CV) has seen a remarkable increase from $405,000 in 2019 to $590,000 in 2022, reflecting a growth of 45.69%. The latest sale was recorded at $656,850 in 2024, signifying the property's rising value.
With a HouGarden AVM of $562,500, this residence is not only a sound investment but also boasts an enviable school zone. It falls within the decile 8 Christ the King School, decile 10 St Patrick's School, and other highly-rated educational institutions. The property's location, coupled with its CV growth potential and school advantages, makes it a standout choice for families.
Enjoying a northwest aspect, the property features a charming garden with established greenery, offering privacy and relaxation. The single garage with internal access adds to the convenience. Given its excellent location near Northlands Shopping Centre, with convenient access to public transport and sought-after schools like Paparoa Street School, Heaton Normal Intermediate, and Papanui High School, this property is set to attract keen interest. Don't miss this opportunity to secure a slice of paradise in a prime location.
Updated on April 10, 2024