Nestled in a picturesque setting on the Scarborough coastline, this 1920s renovated gem at 14 Whitewash Head Road boasts stunning views of Sumner, Christchurch, and the Southern Alps. It's a 3-bedroom, freehold property with a floor area of 290sqm on a 625sqm section, featuring an iron roof and wood exterior in good condition. The property's Capital Value (CV) has seen a rapid increase of 44.91% from $3,340,000 in 2019 to $4,840,000 in 2022. The latest sale was recorded at $4,400,000 in 2022, with a HouGarden AVM estimate of $4,425,000.
With a CV growth rate that outpaces the market, this residence is not just a home but a sound investment. It's situated in a prime coastal suburb, with easy access to city life and two beaches nearby. The property comes with MAP Architecture plans for further renovation, offering potential to become one of the city's top homes. It faces north, ensuring light-filled living spaces, including an open-plan living and dining area, a sleek kitchen, and a sheltered deck.
For families, the property falls within the Sumner School zone, rated a 10 on the decile scale, and is in close proximity to several other well-regarded schools, including Middleton Grange School (decile 9) and Marian College (decile 8). This combination of luxury living, investment potential, and access to quality education makes it an unparalleled opportunity in the sought-after seaside neighborhood.
Updated on December 06, 2024