Located at 1/42 Pacific Road, North New Brighton, Christchurch, this residential dwelling offers a unique blend of comfort and potential. The property features 3 bedrooms, 2 bathrooms, and 2 car parks, with a generous floor area of 186m². Constructed in 1991 with fibrous cement walls and an iron roof, both in good condition, it represents a solid investment. The cross-lease title and the property's easy/moderate rise contour add to its appeal. Its proximity to the beach, just 215m away, enhances its desirability for those seeking a blend of coastal living and urban convenience.
The capital value of this property has seen a significant increase, from $385,000 in August 2019 to $610,000 in August 2022, marking a 58.44% growth. The latest sale in February 2024 was at $516,000, up from $119,000 in August 2002. The HouGarden AVM estimates its value at $582,500, indicating a strong market interest and potential for further appreciation.
Education is a key feature of this property's location, zoned for popular schools such as Shirley Boys' and Avonside Girls' High Schools. It offers access to a range of educational institutions including Middleton Grange School (decile 9), Emmanuel Christian School (decile 8), and several others catering to various levels and deciles. This makes it an ideal choice for families prioritizing quality education.
Updated on April 05, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 07 | $602,500 | Council approved | |
 | 0.24 km | 2 | 1 | 81m2 | Year 2024 Month 10 Day 21 | $420,000 | Council approved | |
 | 0.25 km | 2 | 1 | 71m2 | Year 2024 Month 10 Day 17 | $575,000 | Council approved | |
0.25 km | 2 | 1 | 93m2 | Year 2024 Month 09 Day 03 | $510,000 | Council approved | ||
 | 0.25 km | 3 | 1 | -m2 | Year 2024 Month 07 Day 04 | $550,000 | Council approved |