4/53 Beachville Road, Redcliffs, Christchurch

Nestled in the serene Redcliffs/Te Rae Kura, this beautifully modernised 2-bedroom townhouse is a coastal haven that masterfully blends convenience with comfort. Constructed in 1974 with concrete walls and an iron roof, both in good condition, it sits on a level contour and is governed by a Cross-Lease title. The 180sqm floor area is complemented by a single carpark, and the recent refurbishment includes a new heat transfer system for all-season cosiness. The property's Capital Value (CV) has seen a remarkable increase of 44.68% from $470,000 in 2019 to the current $680,000. HouGarden's AVM estimates the property at $650,000, while the latest sale was for $555,000 in 2021.

With a CV growth rate that speaks volumes about its investment potential, this property also boasts a sale history that includes a significant jump from $327,500 in 2004. Its allure is further enhanced by its location within the catchment area of top-rated schools such as Te Raekura Redcliffs School with a decile of 10, Middleton Grange School at decile 9, and others. The property's appeal extends to its proximity to the vibrant Sumner scene and the ease of access to the CBD, making it an ideal choice for young professionals or retirees.

For families with children, the school network is a significant draw, with several high-decile institutions nearby. The combination of a sought-after location, a stylish and functional layout, and a rental history that commanded $750 a week makes this property an attractive opportunity for both homeowners and investors. This is your chance to secure a coastal retreat that offers the best of both worlds – tranquility and connectivity.

Updated on April 18, 2024