20 Reserve Road, Waikuku Beach, Waimakariri

Nestled in the tranquility of a quiet cul-de-sac at 20 Reserve Road, Waikuku Beach, Waimakariri, this charming beach cottage boasts a freehold title on a level 530sqm section. Constructed in 1950 with fibrous cement walls and an iron roof, both in average condition, the 54sqm floor area includes 2 bedrooms, 1 bathroom, and a single carpark. The property has seen a substantial Capital Value (CV) increase of 56.25% from $320,000 in August 2019 to $500,000 as of July 2022. The latest sales reflect this growth, with a sale in May 2021 at $444,000 and another in February 2018 at $330,000. HouGarden AVM estimates the property's value at $505,000.

For families, the property falls within the decile 9 Rangiora New Life School and the decile 10 Pegasus Bay School for primary education, while secondary options include Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8). This delightful cottage not only promises a serene coastal lifestyle with easy beach access but also a sound investment given the rapid CV appreciation and prime school zones.

With a modern kitchen and bathroom, an open-plan living area, and outdoor entertainment spaces, the fully fenced garden provides safety and privacy. A highlight is the double modern studio at the bottom of the garden, offering versatile space for work or creativity. Whether as a holiday retreat or a permanent home, 20 Reserve Road invites you to experience a life where convenience meets coastal charm.

Updated on September 05, 2024