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42 Wakatu Avenue, Moncks Bay, Christchurch, 3 Bedrooms, 2 Bathrooms

Sold: $1,000,000

Sold on 2024 Year 2024 Month 01 Day 12

42 Wakatu Avenue, Moncks Bay, Christchurch

3
2
165m2
450m2

Located at 42 Wakatu Avenue, Moncks Bay, Christchurch, this residential dwelling boasts a serene lifestyle just a short distance from beaches, shops, cafes, and transport. Constructed in 2014, the property features three double bedrooms, two bathrooms, and a double garage with internal access. Covering a floor area of 165 square meters on a 450 square meter freehold land, it is built with brick walls and tile roofing, both in good condition. The level contour of the property complements its easy-care section and sunny, sheltered outside patio that opens from the lounge. Additional amenities include a functional kitchen with a dishwasher, double glazing, quality drapes, carpets, and a heat pump for heating and cooling.

The capital value of the property has seen a significant increase from $720,000 in August 2019 to $1,160,000 in August 2022, marking a 61.11% growth. The HouGarden AVM estimates its value at $1,140,000. Its sale history reveals a purchase for $1,000,000 in January 2024, following a previous sale at $680,000 in November 2016. This demonstrates a robust appreciation in value over the years.

The property is zoned for several reputable schools, including Te Raekura Redcliffs School (decile 10), Middleton Grange School (decile 9), Marian College (decile 8), Hillview Christian School (decile 7), Hagley Community College (decile 6), Christchurch Adventist School (decile 5), and Te Aratai College (decile 3), catering to a wide range of educational needs from primary through to secondary levels.

Council Data

Last update : 2024 12 11
Improvement value$530,000Increased by 30% from year 2019
Land value$630,000Increased by 100% from year 2019
CV(Year 2022 Month 08)$1,160,000Increased by 61% from year 2019
View typeNo appreciable view
ContourLevel
Land area450m²
Floor area165m²
Decade of construction2014
Title462365
Type of titleFreehold
Legal descriptionLOT 1 DP 416065
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 416065,450m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Raekura Redcliffs School
1.27 km
Primary
1-8
Government
Co-Educational
EQI: 400
10
Te Aratai College
6.69 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Hillview Christian School
7.16 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Marian College
8.19 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
10.01 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
12.83 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
13.63 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:450m²
Title:Freehold

Surrounding facilities

Wakatu Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
19B Bay View Road, Moncks Bay
0.48 km
4
2
-m2
Year 2024 Month 11 Day 28
$1,260,000
Council approved
59 Wakatu Avenue, Redcliffs
0.64 km
4
3
183m2
Year 2024 Month 10 Day 31
-
Council approved
23a Bay View Road, Redcliffs
0.52 km
3
2
203m2
Year 2024 Month 09 Day 10
$1,500,000
Council approved
18 Cave Terrace, Redcliffs
0.30 km
3
2
-m2
Year 2024 Month 08 Day 21
$1,225,000
Council approved
32 Wakatu Avenue, Redcliffs
0.31 km
3
2
185m2
Year 2024 Month 07 Day 29
-
Council approved

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