Nestled in a serene cul-de-sac at 158 Shaw Avenue, New Brighton, Christchurch, this freehold property built in 1915 boasts a charming mix of wood and iron construction. With three bedrooms, a study, a rumpus/games room, and a modern bathroom, it offers a spacious floor area of 110 square meters on a levelled 506 square meter section. The property's capital value has seen a dramatic increase of 57.38% from $305,000 in 2019 to $480,000 in 2022, showcasing a promising investment opportunity. The latest sale history dates back to 2012 at $235,000, with a previous sale in 2004 at $193,000. HouGarden AVM estimates the property's value at $470,000, making it an attractive prospect for potential buyers.
For families with school-aged children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6), among others. This ensures access to quality education at various levels.
Not only is the property a haven for comfort and convenience, with a heat pump and log fire for year-round comfort, and a private deck for outdoor enjoyment, but it's also ideally located near New Brighton Mall, He Puna Taimoana Hot Pools, and the scenic New Brighton beach. Whether you seek tranquility or the buzz of city life, this property offers the best of both worlds.
Updated on July 16, 2024