Nestled in a serene cul-de-sac at 2/170 Palmers Road, New Brighton, Christchurch, this post-earthquake built home units boasts a modern open plan living with 2 bedrooms, 1 bathroom, and a single carpark. Constructed with a durable iron roof and wooden walls in good condition, the 81sqm floor area enjoys a seamless flow to the deck and a low-maintenance backyard. As a Unit Title property, it offers the convenience of immediate possession. The Capital Value (CV) has seen a remarkable increase from $315,000 in 2019 to $480,000 in 2022, reflecting a growth of 52.38%. The latest sale was recorded in 2019 for $325,000. The property is valued at $475,000 according to HouGarden AVM.
For families, the property falls within the catchment of several schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6). Other nearby schools include Avonside Girls' High School, Rawhiti School, Haeata Community College, Christchurch Adventist School, Hagley Community College, and Marian College, catering to various educational needs and levels.
Perfect for first-home buyers, investors, or retirees, this property is centrally located near QE2 Pool Complex, Bottle Lake Forest, New Brighton Beach, and a short drive to the Palms Shopping Centre. Don't miss this opportunity to secure a property in a sought-after school zone with a promising CV growth history.
Updated on November 22, 2024