Located at 189 Estuary Road, South New Brighton, Christchurch, this residential dwelling boasts a freehold ownership type, encapsulating the essence of a serene and private lifestyle. The property features 3 spacious bedrooms, a floor area of 106 square meters, and sits on a 506 square meter land area. Constructed in 1951 with concrete walls and tile roofing, both in good condition, it offers a comfortable living environment with an easy/moderate rise contour. The double garage and a nice decking area perfect for entertaining complement the large fee-simple home, making it an ideal choice for families or investors alike.
The property has seen a significant capital value increase from $380,000 in August 2018 to $600,000 in August 2021, marking a 57.89% growth. The latest sale records show a transaction at $495,000 on December 13, 2023, following a previous sale at $387,500 on April 25, 2017. The HouGarden AVM estimates the property's value at $587,500, highlighting its investment potential and the growing interest in the South New Brighton area.
Education is a priority, with the property being zoned for several reputable schools including Middleton Grange School (decile 9), Hillview Christian School (decile 7), Shirley Boys' High School (decile 6), and Avonside Girls' High School (decile 6), among others. This diverse selection offers excellent educational opportunities for children of all ages, making 189 Estuary Road not just a house, but a home with a future.