Nestled in the tranquility of a quiet cul-de-sac at 1/118 Oram Avenue, New Brighton, Christchurch, this residential ownership home unit boasts a freehold title. The property, built in 2023, features 2 bedrooms, 1 bathroom, and a modest floor area of 75 square meters on a level contour. The roughcast exterior walls and iron roof are both in good condition, ensuring durability and low maintenance. With no designated carparks, this home is perfect for those seeking a peaceful and compact living environment.
As per the latest property valuation, the capital value has seen a significant leap. The August 2022 government valuation was $490,000, while the HouGarden AVM estimates it at $485,000. The property's market worth was further validated by the recent sale on September 23, 2024, at $520,000, indicating a notable increase in capital value.
For families with children, the property falls within a desirable school zone. With a decile rating that reflects a high standard of education, the nearby schools are sure to cater to the academic needs and growth of your children.
Updated on November 20, 2024