38 Pegasus Avenue, North New Brighton, Christchurch

Nestled at 38 Pegasus Avenue, North New Brighton, Christchurch, this charming family residence boasts a freehold title on a level 632m2 section. Constructed in 1971 with concrete walls and an iron roof, both in good condition, the property features 4 bedrooms, a modern family bathroom with separate bath and shower, and 2 car parks. The interior enjoys a modern kitchen, an open plan living area heated by a heat pump, and a floor area of 101m2. The government's capital value has seen a rapid increase from $400,000 in 2019 to $630,000 in 2022, a growth of 57.5%. The HouGarden AVM estimates the property at $587,500, while the latest sale history includes transactions at $235,000 in 2017 and $310,000 in 2012.

With a prime school zone, the area is served by esteemed institutions such as Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Shirley Boys' High School (Decile 6), and Avonside Girls' High School (Decile 6), among others. This not only adds to the property's value but also ensures quality education for the family.

Located in a quiet cul-de-sac, the property is a short distance from the beach and Waimairi Golf course, with easy access to New Brighton Village's amenities, including the Hot Pools, Pier Library, and a variety of dining options.

Updated on May 08, 2024