8 Glas Brae, Governors Bay, Christchurch

Nestled in the serene Governors Bay, this Scandinavian-inspired 4-bedroom home on a freehold land of approximately 2900 sqm offers a tranquil haven with breathtaking harbour views. Constructed in 2002 with wood walls and tiled roof, both in good condition, the property boasts double glazing, European NK windows, and wall/ceiling/underfloor insulation. It features two living areas, a study, dining area with access to a sunny deck, and a Lady Kitchener woodburner in the lounge. The property is surrounded by nature, with an array of fruit trees and 150 natives, and is home to various bird species. It includes a modern henhouse, double garage, and is close to amenities, top-rated schools, and outdoor activities. The capital value has seen a 54.4% increase from $680,000 in 2019 to $1,050,000 in 2022, with a HouGarden AVM of $960,000 and a recent sale of $1,000,000 in 2024.

With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. The latest sale history and the AVM reflect the property's desirability and the potential for further value appreciation.

For families, the school zone is a significant plus. Governors Bay School (Decile 10) and Cashmere High School (Decile 9) are among the highly-rated institutions in the area, ensuring quality education for your children.

Updated on December 18, 2024