Nestled on a spacious 999m2 section in the sought-after Papanui neighborhood of Christchurch, this freshly renovated 3-bedroom family home exudes charm and potential. Constructed in 1960 with solid brick walls and a tile roof, both in good condition, the property boasts a freehold title, ensuring long-term security and investment. The interior has been revitalized with new carpet, paint, and lighting, while the laundry has received a stylish revamp. An added bonus is the transportable 1-bedroom tiny home, complete with separate utilities, ideal for extended families or as a source of additional income. The property features a brand new private deck for outdoor entertaining, a renovated separate garage with an automatic door, and a workshop. With a capital value of $750,000 as of August 2022, representing a 47.06% increase since August 2019, this property also includes a HouGarden AVM of $755,000. The latest sale history includes transactions in 2018 and 2016, with prices of $260,000 and $520,000 respectively. The property is zoned for a selection of top schools, including Papanui High School and Wairakei School, with easy access to local amenities and shopping centers.
For the discerning buyer or investor, this property offers the opportunity for further enhancement and potential development on the substantial 999m2 site, with ample off-street parking. It's a must-see, combining the allure of a fabulous family home with the versatility of a tiny home/movable unit.
Within the school zone, the property benefits from a range of highly-rated educational institutions, such as Cobham Intermediate and Christ the King School, both with a decile rating of 8. Other schools in the area include St Patrick's School with a decile of 10, Waimairi School with a decile of 9, and Villa Maria College with a decile of 9, ensuring a variety of educational options for families.
Updated on September 20, 2024