3/142 Marine Parade, New Brighton, Christchurch

Nestled in the serene Marine Parade, this residential property at 3/142, New Brighton, Christchurch, is built for tranquility and convenience. Constructed with a mix of robust materials for the walls and iron for the roof, this freehold property is designed to stand the test of time. The building, in a good condition, both in walls and roof, is a rental flat with a floor area of 129 square meters, sitting on a land area of 148 square meters with an easy/moderate rise contour. It includes a single carpark and boasts a capital value of $830,000 as of August 2022. The property has seen a recent sale on September 21, 2024, for $836,000, reflecting a promising trend in its market value.

With a HouGarden AVM of $825,000, this property presents a solid investment opportunity. The capital value has shown a significant increase over the years, indicating a growth percentage that is sure to catch the eye of potential investors. The latest sale price aligns closely with the government valuation, further validating the property's worth.

For families with children, the school zone is a significant draw. With top-rated schools in the vicinity, this property is an ideal choice for those seeking quality education for their children.

Updated on November 06, 2024