42 Wakatu Avenue, Moncks Bay, Christchurch

Located at 42 Wakatu Avenue, Moncks Bay, Christchurch, this residential dwelling boasts a serene lifestyle just a short distance from beaches, shops, cafes, and transport. Constructed in 2014, the property features three double bedrooms, two bathrooms, and a double garage with internal access. Covering a floor area of 165 square meters on a 450 square meter freehold land, it is built with brick walls and tile roofing, both in good condition. The level contour of the property complements its easy-care section and sunny, sheltered outside patio that opens from the lounge. Additional amenities include a functional kitchen with a dishwasher, double glazing, quality drapes, carpets, and a heat pump for heating and cooling.

The capital value of the property has seen a significant increase from $720,000 in August 2019 to $1,160,000 in August 2022, marking a 61.11% growth. The HouGarden AVM estimates its value at $1,140,000. Its sale history reveals a purchase for $1,000,000 in January 2024, following a previous sale at $680,000 in November 2016. This demonstrates a robust appreciation in value over the years.

The property is zoned for several reputable schools, including Te Raekura Redcliffs School (decile 10), Middleton Grange School (decile 9), Marian College (decile 8), Hillview Christian School (decile 7), Hagley Community College (decile 6), Christchurch Adventist School (decile 5), and Te Aratai College (decile 3), catering to a wide range of educational needs from primary through to secondary levels.