101 Paparoa Street, Papanui, Christchurch

Nestled in the serene cul-de-sac of Paparoa Street, this 1994-built residence boasts a desirable address in Papanui, Christchurch. The property, with a floor area of 140 square meters, features 3 bedrooms, 2 carparks, and is under a Cross-Lease title. The Roughcast exterior walls and Iron roof are both in good condition, ensuring a sturdy and aesthetically pleasing structure. With a capital value of $680,000 as of August 2022, this property has seen a remarkable increase of 46.24% from its $465,000 valuation in August 2019.

Valuation history shows a promising trend, with the HouGarden AVM estimating the property at $675,000. The latest sale records date back to 1999 at $175,000 and 1994 at $179,000, indicating the property's consistent growth in value. This prime piece of real estate offers a blend of modern comforts, including a heat pump, and is designed for easy maintenance, making it an attractive prospect for investors and homeowners alike.

For families, the property is zoned for the highly rated Paparoa Street School and Heaton Normal Intermediate, along with several other reputable schools in the area. The school network includes Christ the King School, St Patrick's School, and Villa Maria College, all recognized for their high decile ratings and quality education. This home not only presents a comfortable living environment but also holds excellent potential for academic and investment growth.

Updated on November 14, 2024