8/8 Ballance Street, Waimairi Beach, Christchurch

Located at 8 Ballance Street, Waimairi Beach, Christchurch, this residential dwelling boasts a versatile layout perfect for homeowners seeking an affordable investment or a spacious family home. The property features 6 double bedrooms, 4 bathrooms, 5 toilets, and a floor area of 250m2. It is constructed with mixed materials for the walls and an iron roof, both in good condition, dating back to 1980. The property sits on a level contour with a Unit Title ownership type, offering 2 carports and 2 designated off-street car parks. Additional amenities include 3 living areas, 1 kitchen, 2 kitchenette areas, and access to a communal tennis court and gym with a small sauna.

The capital value of the property has seen a significant increase from $670,000 in August 2019 to $980,000 in August 2022, marking a 46.27% growth. The HouGarden AVM estimates the property's value at $940,000. The latest sale recorded was on January 22, 2024, for $835,000, following a previous sale on August 28, 2010, for $525,000. This property offers multiple living areas and rental options, making it an excellent investment opportunity.

The property is situated within excellent school zones, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) with a decile of 8, and several other schools ranging from decile 1 to 8, catering to a wide range of educational needs. This location provides a lifestyle opportunity that includes proximity to the beach, local cafes, and recreational activities.

Updated on April 06, 2024.