340 Marine Parade, New Brighton, Christchurch

Nestled at 340 Marine Parade, New Brighton, Christchurch, this residential dwelling on a freehold title boasts a capital value increase of 49.06% over three years. Constructed in 1955 with brick walls and tiled roof in good condition, the property offers three bedrooms, two carparks, and a floor area of 165sqm on a levelled 641sqm land. The updated kitchen with a walk-in pantry, a family bathroom with both bath and shower, and a separate laundry enhance the living experience. Enjoy the comfort of two heat pumps and double glazing, along with a cozy sunroom and a deck beneath the archgola. This property falls within the decile 9 Middleton Grange School zone and is close to other well-rated schools. The latest sale history and HouGarden AVM estimate the property's worth at $785,000 and $790,000 respectively, making it a sound investment in a sought-after coastal location.

With a current CV of $790,000 as of August 2022, compared to $530,000 in August 2019, this property has seen a significant value rise. The recent sales on October 9, 2020, for $555,000, and March 20, 2020, for $355,000, reflect a growing market interest in this quiet cul-de-sac street.

For families with school-aged children, the property is in the catchment area of top-rated schools such as Middleton Grange School, Hillview Christian School, and Marian College. Avonside Girls' High School and Shirley Boys' High School are also within easy reach, offering a range of educational opportunities for all ages.

Updated on November 14, 2024