2/88 Colombo Street, Beckenham, Christchurch

Nestled in the serene Beckenham, this modern 3-bedroom brick home with a cross-lease title is a gem in the residential market. Constructed in 1994, the property boasts a well-maintained brick exterior and tiled roof, set on a level contour with a private and tranquil garden. The interior spans approximately 150 sqm, featuring an open-plan kitchen and living area, a sizeable conservatory, a bathroom with dual access, and a separate toilet, all freshly painted. The home is equipped with solar hot water panels, double glazing, and a heat pump for the cooler months. It includes a double garage with internal access and ample off-street parking. The current Capital Value (CV) of $760,000 represents a 57% increase since 2019, with the HouGarden AVM estimating it at $705,000. The last sale was in 2014 for $503,000. This property falls within the decile 9 Villa Maria College and other reputable school zones, making it an ideal investment for families.

With a CV that has seen a substantial increase over the years, this property's value is on the rise. The latest CV of $760,000, up from $485,000 in 2019, reflects a 56.7% growth. The HouGarden AVM provides a competitive estimate of $705,000, while the last recorded sale in 2014 was for $503,000. These figures indicate a promising investment with strong capital gains potential.

For families with educational priorities, this property is zoned for top-performing schools. It is within the zones of Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School, Cashmere High School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, and Beckenham Te Kura o Puroto (all with varying deciles). This ensures access to quality education for all ages.

Updated on May 23, 2024