199 Union Street, New Brighton, Christchurch

Located at 199 Union Street, New Brighton, Christchurch, this residential dwelling boasts 3 bedrooms, 1 bathroom, and a single carpark, covering a floor area of 81 square meters. Constructed in 1940 with fibrous cement walls and roof, the property is on a level cross-lease land. Despite its age, the property's wall and roof conditions are rated as average, promising a solid structure in a sought-after area.

From a financial perspective, the property has seen a significant increase in capital value, from $385,000 in August 2019 to $580,000 in August 2022, marking a 50.65% growth. The latest sale in January 2024 matched the capital value at $580,000, up from $389,000 in November 2019. The HouGarden AVM estimates the property's value at $552,500, indicating a stable market perception.

The property is zoned for several reputable schools, including Middleton Grange School (decile 9), Hillview Christian School (decile 7), and Shirley Boys' High School (decile 6), among others. This wide range of educational options, combined with the property's close proximity to the beach, cafes, restaurants, and recreational pathways, makes it an ideal family home.

Updated on April 06, 2024.