36 Grants Road, Papanui, Christchurch

Nestled in the highly sought-after area of Papanui, this charming property at 36 Grants Road boasts a rich history, dating back to 1920 with its roughcast walls and iron roof. It's a 4-bedroom, 1-bathroom residence with a floor area of 106sqm, complemented by a double garage and parking for two cars. The home is on a cross-lease title, ensuring a unique ownership experience. With a CV of $610,000 as of August 2022, it has seen a remarkable increase of 45.24% from its $420,000 valuation in August 2019. The property's value is further supported by the HouGarden AVM of $567,500, and its latest sale history shows a consistent rise, from $346,600 in 2013 to $367,500 in 2014.

Moreover, the property is located in an exceptional school zone, with Paparoa Street School and Heaton Normal Intermediate being the highlights. These educational institutions, with their high decile ratings, make this home an ideal choice for families seeking top-notch education for their children. The area is not only known for its schools but also for its convenient access to gyms, restaurants, bars, and Northlands Mall, truly embodying an active and vibrant lifestyle.

With its prime location, solid investment potential, and a promise of future value in a zone with development prospects, this property is a golden opportunity that's not to be missed.

Updated on July 05, 2024