Located at 173 Beach Road, North New Brighton, Christchurch, this charming character-filled cottage offers a unique opportunity for those on a limited budget. With 2 bedrooms, 1 bathroom, and 1 carpark, this residential dwelling spans a floor area of 59sqm on a generous 513sqm freehold land. Built in 1915, the property features roughcast walls and an iron roof, both in fair condition, set on a level contour. A separate studio with garden access provides additional space for hobbies or work-from-home setups. The property is securely fenced, making it a safe haven for small children and pets.
From its last government valuation in August 2018 of $265,000, the property's capital value has surged by approximately 62.26% to $430,000 as of August 2022, showcasing a significant increase in value. The HouGarden AVM estimates its worth at $412,500. The latest sale on January 29, 2024, was for $370,000, a considerable jump from its $167,000 sale back on August 10, 2004. This property's value growth and its 'as is where is' offer present a compelling opportunity for potential buyers.
The property is zoned for several schools with varying deciles, including Middleton Grange School (decile 9), Emmanuel Christian School (decile 8), and Parkview School (decile 6), among others. This diverse range of educational options makes it an ideal location for families looking for quality schooling choices.
Updated on April 06, 2024.