Located at 83 Eastern Terrace, Beckenham, Christchurch, this residential dwelling boasts 3 bedrooms and a floor area of 173m2, set on an elevated 551m2 freehold title. The property features concrete walls in good condition, an iron roof also in good condition, and is complemented by a heat pump and a consented wood burner, ensuring comfort throughout the seasons. The home, built around 1960, has been recently rebricked, offering updated insulation and considerable double-glazing. The kitchen and bathroom have been modernized, with an ensuite off the master bedroom. It includes two separate living areas, a north-facing hardwood deck, and a fully fenced lawn, perfect for entertaining. The property also comes with an extra-large double garage, providing ample storage.
The property has seen a significant increase in capital value, from $520,000 in August 2019 to $810,000 in August 2022, marking a 55.77% growth. The latest sale on February 16, 2024, was at $810,000, up from $174,000 in June 1997. The HouGarden AVM estimates the property's value at $800,000, indicating its desirability and investment potential in the Beckenham Loop area.
Education is a highlight, with the property being zoned for several high-decile schools including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Cashmere High School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, and Beckenham Te Kura o Puroto. These schools range from decile 5 to 9, offering excellent educational opportunities for children of all ages.
Updated on March 21, 2024.