Nestled in a serene cul-de-sac at 1/20 Pandora Street, North New Brighton, Christchurch, this residential ownership home unit boasts a capital value increase of 54.39%. Built in the 1980s with iron roofing and concrete walls in good condition, the property offers 2 bedrooms, 1 bathroom, and a single carpark. The 90m2 floor area is complemented by a well-appointed kitchen, sunny north-facing living with a heat pump, and a delightful garden. The property, with a current CV of $440,000, has a HouGarden AVM of $422,500, reflecting a sound investment opportunity.
History shows a significant leap from the 2019 CV of $285,000, indicating a rapid appreciation. The property's contour is level, and it's situated on a cross-lease title. The schools in the zone are a highlight, with Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8) being notable mentions. Other schools include Shirley Boys' High and Avonside Girls' High, both at Decile 6.
For families, the educational options are vast, with primary, secondary, and composite schools all within reach. This property not only promises comfort but also a promising future in a desirable school zone.
Updated on April 19, 2024