282 Pine Avenue, South New Brighton, Christchurch

Located at 282 Pine Avenue, South New Brighton, Christchurch, this freehold property boasts a residential dwelling with a floor area of 111 square meters on a generous 708 square meter land area. Built in the 1960s, the house features 3 bedrooms, 2 car parks, and is constructed with concrete walls and an iron roof, both in good condition. The property is level, making it an ideal family home.

Over the past few years, the capital value of this property has seen a significant increase, from $355,000 in August 2019 to $570,000 in August 2022, marking a 60.56% growth. The HouGarden AVM estimates its value at $557,500, while the latest sale in February 2024 reached $655,000, indicating a strong market demand and investment potential.

The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Marian College both with high decile ratings, and several others catering to a range of educational needs from primary to secondary levels. This makes it an excellent choice for families prioritizing education.