420 Pine Avenue, South New Brighton, Christchurch

Nestled at 420 Pine Avenue, South New Brighton, Christchurch, this charming 3-bedroom, 2-bathroom family home is a freehold property that has seen a significant jump in its capital value. Constructed in 1960 with concrete walls and an iron roof, both in good condition, the house sits on a levelled land area of 610sqm. The interior boasts a floor area of 131sqm, with a modern kitchen, spacious living area, and polished floors. The master bedroom features skylights, a balcony, walk-in closet, and an en-suite. The property includes a double car garage and carport, and is located in a quiet cul-de-sac, just a short stroll from the beach.

As per the latest records, the property's capital value has surged by 57.78% from $450,000 in August 2019 to $710,000 in August 2022. The HouGarden AVM estimates the value at $715,000, while the most recent sale was for $750,000 in August 2024, up from $415,000 in June 2018. This indicates a promising investment opportunity with a steady increase in property value.

For families with children, the property falls within the zones of several reputable schools. Middleton Grange School, Hillview Christian School, and Marian College are among the high-decile institutions in the area. Other schools include Shirley Boys' High School, Avonside Girls' High School, Haeata Community College, South New Brighton School, Christchurch Adventist School, and Hagley Community College, catering to various educational needs and levels.

Updated on September 04, 2024