114a Pine Avenue, South New Brighton, Christchurch

Nestled at 114a Pine Avenue, South New Brighton, Christchurch, this charming residential dwelling boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1998 with brick walls and an iron roof, both in good condition, this cross-lease property sits on a level contour. The government's capital value has seen a remarkable increase from $330,000 in 2019 to $530,000 in 2022, showcasing a growth rate of 60.61%. The property also features a modern kitchen, a light-filled living area, and a deck that invites seamless indoor-outdoor living, complemented by a well-kept garden, all within a fully fenced section.

With a HouGarden AVM of $535,000 and a history of sales, including the latest in 2012 for $225,000, this property presents a sound investment. The capital value growth and the AVM reflect the property's desirability in the market. Moreover, the recent sale history indicates a stable and appreciating market for the area.

For families with school-aged children, this property falls within the zones of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Shirley Boys' High School (Decile 6), and Avonside Girls' High School (Decile 6). The variety of school options ensures access to quality education.

Updated on September 19, 2024