1/499 Marine Parade, South New Brighton, Christchurch

Located at 1/499 Marine Parade, South New Brighton, Christchurch, this residential property offers a unique blend of comfort and convenience. With 2 bedrooms, 1 bathroom, and 1 carpark, it spans a floor area of 130 square meters. Constructed in 1970 with concrete walls and tile roofing, both in good condition, this home is a cross-lease title under the category of Residential - Ownership home units. Its level contour and proximity to the beach make it an ideal choice for those seeking an easy-care, beachside lifestyle.

Over the years, the capital value of this property has seen significant growth, from $320,000 in August 2019 to $485,000 in August 2022, marking a 51.5625% increase. The HouGarden AVM estimates its value at $465,000, while the latest sale in February 2024 fetched $550,000, up from $329,000 in September 2017. This demonstrates the property's strong market appeal and investment potential.

The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, and Hillview Christian School, a composite school with a decile of 7. Other nearby educational institutions include Shirley Boys' High School, Avonside Girls' High School, Haeata Community College, South New Brighton School, Christchurch Adventist School, Hagley Community College, and Marian College, offering a range of options for families with educational needs.

Updated on April 05, 2024.