85 Pine Avenue, New Brighton, Christchurch

Discover the charm of coastal living with this exceptional two-bedroom unit located at 85 Pine Avenue, New Brighton, Christchurch. Built in 1972, this property features a durable concrete exterior and a sturdy iron roof, both in good condition. The unit offers a floor area of 100 square meters, with two bedrooms, one bathroom, and the convenience of an intrinsic garage. Ownership is via a Cross-Lease title, under the category of Residential - Ownership home units. The property stands on level ground, highlighting its ease of access and maintenance.

Since its last sale in 2013 for $240,000, the property has seen a significant increase in its capital value, reaching $550,000 by August 2022, marking a 64.18% increase from its 2019 valuation of $335,000. The HouGarden AVM estimates its value at $537,500, reflecting the property's desirability and the area's appreciation. This unit is not just a home but an investment that has consistently grown in value, offering potential for further appreciation.

The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, and Hillview Christian School with a decile of 7, among others. This ensures access to quality education, making it an ideal choice for families. The proximity to the beach and local amenities like The Bridge Community Hub and the Dune Cafe enhances the living experience, offering a blend of convenience and lifestyle.

Updated on March 25, 2024.