27 Sandra Street, South New Brighton, Christchurch

Nestled in the serene Sandra Street, a quiet cul-de-sac in South New Brighton, Christchurch, stands this attractive, freehold property. Built in the 1970s with concrete walls and an iron roof, both in good condition, this residence boasts 3 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 142 square meters on a levelled 789 square meter section. The property has seen a significant Capital Value (CV) increase of 56.96% from $395,000 in 2019 to the current $620,000 in 2022. The latest sale history dates back to 2005 at $319,500, with a current HouGarden AVM estimate of $577,500.

With a CV growth that outpaces the market, this home's appeal is further enhanced by its location within a desirable school zone. The Middleton Grange School, a composite institution with a decile rating of 9, is one of the many educational establishments in the area. Others include Hillview Christian School (decile 7), Shirley Boys' High School, Avonside Girls' High School, and South New Brighton School, all catering to diverse educational needs and age groups.

Not only does this property offer an ideal investment opportunity with its CV growth potential and prime school zone, but it also presents a comfortable living environment. The modern kitchen, family bathroom with separate bath and shower, and the convenience of a heat pump and panel heater in living areas, all contribute to a cozy and inviting atmosphere. With a brand new driveway and paths, this home is ready for a new family to enjoy life moments from the beach.

Updated on June 25, 2024