50 Condell Avenue, Papanui, Christchurch

Nestled in the serene cul-de-sac of Condell Avenue, this charming freehold property boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1940 with wood walls and an iron roof, it offers a floor area of 104sqm on a sprawling 645sqm section. The residence has an average wall and roof condition and is situated on a level contour. Notably, the capital value has seen a rapid increase of 39.62% from $530,000 in 2019 to $740,000 as of 2022. The property's latest sale was for $550,000 in 2019, with a HouGarden AVM estimate of $690,000.

With a rich history of government valuations and a recent sale, this property presents a sound investment. The capital value growth is a testament to its appeal and potential. The convenient location adds to its allure, being in close proximity to a multitude of amenities and shopping malls.

For families with children, the property falls within the zones of esteemed schools such as Waimairi School, St Patricks School, Cobham Intermediate, Heaton Normal Intermediate, and Papanui High School, all with deciles ranging from 7 to 10. This ensures access to quality education for all ages.

Updated on July 05, 2024