7 Estuary Road, New Brighton, Christchurch

Located at 7 Estuary Road, New Brighton, Christchurch, this charming residential dwelling boasts 3 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 89m2 on a generous 506m2 freehold section. Constructed in 1915, the property features wooden walls in good condition and an iron roof, also in good condition, atop a level contour. This original cottage, with its spacious kitchen/dining area, separate lounge or potential 3rd bedroom, and large, updated bathroom/laundry, presents a fantastic rental or renovation opportunity.

Over the years, the property has seen significant capital value growth, increasing from $335,000 in August 2019 to $510,000 in August 2022, marking a 52.24% increase. The HouGarden AVM estimates its value at $500,000. The last sale was recorded in January 2011 for $170,000. Notably, the property has undergone post-quake roof replacements on both the house and the single garage, is fenced, and comes with a healthy homes certificate and two heat pumps, although it is sold in its current "as is where is" condition.

Education is well catered for, with the property being in the zone for several highly reputable schools including Shirley Boys' High School (decile 6), Avonside Girls' High School (decile 6), and South New Brighton School (decile 6), among others. This location is desirable for families, being only a short walk from the surf and beach, and close to parks, walking and biking tracks, local shops, and QE2.

Updated on March 21, 2024.