42b Oram Avenue, New Brighton, Christchurch

Nestled in the serene cul-de-sac of Oram Avenue, New Brighton, this 2-bedroom, 1-bathroom unit with a single carpark is a gem for the over 60's. Constructed in 2006 with solid brick walls and an iron roof, both in good condition, this freehold property boasts a floor area of 80 square meters. The current Capital Value (CV) of $405,000 reflects a substantial increase of 56% from $260,000 in 2019. The unit features an open plan living area that flows into an easy-care garden, a modern kitchen with a dishwasher and rangehood, and a combined bath/toilet for convenience. The nearly new heat pump and double glazing ensure year-round comfort. Adding to its allure, the property is just a short walk from the beach and is served by a range of schools, including Middleton Grange School (Decile 9) and Hillview Christian School (Decile 7). The latest sale history shows transactions at $234,000 in 2014, while the HouGarden AVM estimates the current value at $387,500.

This home offers the perfect blend of comfort and convenience, with easy access to shopping, libraries, and medical centers. It is a rare opportunity to enjoy seaside living while being part of a community with an excellent school network.

With a CV growth rate that outpaces the market average, this property is not just a home but also a sound investment for those seeking a peaceful yet centrally located lifestyle.

Updated on October 09, 2024