1/8 Bridle Path, Lyttelton, Christchurch

Welcome to 8A Bridle Path, a charming residence nestled in the prime location of Lyttelton. This 2-bedroom, 1-bathroom home with a single carpark boasts a floor area of 147 square meters and is set on a cross-lease title. Constructed in 1990, the property features roughcast walls and an iron roof, both in good condition. The home is equipped with modern comforts, including a heat pump, and is graced with beautiful hardwood flooring. It sits on an easy/moderate rise contour, commanding breathtaking panoramic views of Lyttelton Harbour.

Since August 2019, the Capital Value has seen a remarkable increase of 47.46% to reach $870,000 in August 2022. The HouGarden AVM estimates the property's value at $862,500. Notably, the latest sale history includes transactions in 2007 for $448,000 and in 2002 for $242,500, showcasing the property's consistent growth. This presents a golden opportunity for investors looking to capitalize on the property's rising value.

For families with children, the property falls within the decile 9 Lyttelton Primary School zone and is in close proximity to several other well-rated schools, such as Middleton Grange School (decile 9), Hillview Christian School (decile 7), Marian College (decile 8), and more. This quiet cul-de-sac street offers a peaceful environment for raising a family, with excellent educational facilities nearby.

Updated on November 20, 2024