104 Bridge Street, New Brighton, Christchurch

Nestled in the sought-after South Brighton area, this charming 3-bedroom, 1-bathroom residence with 2 car parks presents an opportunity on a freehold section. Constructed in 1970 with concrete walls and tiled roof, both in good condition, this level property at 104 Bridge Street offers a floor area of 95sqm on a land area of 615sqm. The capital value has seen a 50% increase from $380,000 in 2019 to the current $570,000, with a HouGarden AVM of $542,500. The property’s latest sale history includes a sale price of $590,000 in 2024 and $463,000 in 2021, indicating a promising investment return. The location is further enhanced by its proximity to schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School, among others, making it an ideal choice for families.

With a recent cosmetic overhaul, the house is move-in ready, featuring mostly double glazed windows, new carpeting, painting, light fittings, and blinds. The generous double garage with an automatic door and a fully fenced section provide convenience and security. This property not only offers a beach lifestyle but also the potential for future capital gains, making it an attractive option for first home buyers, families, or investors.

Educationally, the property falls within a desirable school zone, with several well-rated institutions nearby. The schools cater to various age groups and have deciles ranging from 1 to 9, ensuring a quality education for children of all ages.

Updated on April 10, 2024