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40 Queens Avenue, Waikuku Beach, Waimakariri, 2 Bedrooms, 1 Bathrooms, House

Sold: $407,000

Sold on 2024 Year 2024 Month 11 Day 21

40 Queens Avenue, Waikuku Beach, Waimakariri

2
1
58m2
760m2

Nestled in a serene cul-de-sac of Waikuku Beach, Waimakariri, this charming 2-bedroom, 1-bathroom cottage with a single carpark on a sprawling 760m2 freehold section boasts an Iron roof and Wood exterior walls. Constructed in 1950, the property maintains an average condition both inside and out, with a level contour that adds to its appeal. The capital value has seen a remarkable increase of 68.97% from $290,000 in August 2019 to $490,000 as of July 2022, with a HouGarden AVM estimate of $485,000. The latest sale history includes transactions in 2009 for $260,000 and in 2004 for $102,500.

For families, the property falls within the catchment of esteemed schools, including the Rangiora New Life School with a decile rating of 9, Pegasus Bay School with a perfect 10 decile rating, Kaiapoi High School at a 7 decile, and both Christchurch Adventist School and Marian College with respective decile ratings of 5 and 8. This is an opportunity to not only invest in a property but also in a lifestyle, with convenient access to the Ashley River, the beach, and outdoor activities.

With a relaxed coastal lifestyle on offer and potential evident in its CV growth, this property presents an attractive prospect for both investors and homeowners. Don't miss the chance to secure this slice of paradise at the upcoming mortgagee auction.

Updated on November 21, 2024

Council Data

Last update : 2025 02 12
Improvement value$110,000Increased by 22% from year 2019
Land value$380,000Increased by 90% from year 2019
CV(Year 2022 Month 07)$490,000Increased by 68% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area760m²
Floor area58m²
Decade of construction1950
Title8463
Type of titleFreehold
Legal descriptionLOT 2 DP 302141
CouncilWaimakariri
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 302141,760m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningRes3

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Pegasus Bay School
3.74 km
Primary
1-8
Government
Co-Educational
EQI: 421
10
Rangiora New Life School
9.59 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Kaiapoi High School
12.56 km
Secondary
9-15
Government
Co-Educational
EQI: 463
7
Christchurch Adventist School
25.22 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
28.91 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8

Property history

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For developers

Unitary plan:Res3
Land:760m²
Title:Freehold

Surrounding facilities

Queens Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
33 Queens Avenue, Waikuku Beach
0.10 km
4
2
-m2
Year 2025 Month 01 Day 10
-
Council approved
25b Queens Avenue, Waikuku Beach
0.17 km
4
239m2
Year 2024 Month 11 Day 25
$880,000
Council approved
47 Kings Avenue, Waikuku Beach
0.41 km
2
1
-m2
Year 2024 Month 11 Day 13
-
Council approved
77 Park Terrace, Waikuku Beach
1.02 km
3
1
-m2
Year 2024 Month 11 Day 05
-
Council approved
75 Park Terrace, Waikuku Beach
0.40 km
3
1
69m2
Year 2024 Month 10 Day 14
$542,000
Council approved

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