Nestled in the heart of Blue-Chip real estate territory, 18 Birdwood Avenue, Beckenham, Christchurch, presents a unique opportunity with this stunning larger two-story family home. Boasting 3 bedrooms and a floor area of 135sqm on a generous freehold land parcel of 630sqm, this property is well elevated and established. The home features a wood wall construction and iron roof, both in good condition, dating back to 1944. Its contour is an easy/moderate rise, offering a wonderful layout and neat cosmetic condition throughout.
From a financial perspective, the capital value of this property has seen a significant increase from $500,000 in August 2019 to $810,000 in August 2022, marking a 62% growth. The HouGarden AVM estimates its value at $800,000. The latest sale on February 22, 2024, was at $582,000, up from $285,000 in August 2004. Despite the EQC journey and unresolved level issues, this 'as is where is' sale represents a genuine opportunity for substantial capital gains once defects are remedied.
Education is a key highlight, with the property sitting within superior school zones including Cashmere High School, Thorrington Primary School, and Beckenham Primary School, all boasting high decile ratings. This location is perfect for families seeking prime school zonings in a fiercely contested territory.
Updated on March 22, 2024.