2/355 Bower Avenue, North New Brighton, Christchurch

Nestled in a serene cul-de-sac at 2/355 Bower Avenue, North New Brighton, Christchurch, this 2017-built residential unit boasts a Roughcast exterior and a Tiles roof, both in Good condition. It offers 3 bedrooms, a spacious floor area of 115sqm, and a carpark. This Cross-Lease property has seen a significant Capital Value (CV) increase of 60%, from $375,000 in 2019 to $600,000 as of August 2022. The latest sale was recorded at $601,500, with a HouGarden AVM estimate of $572,500, indicating a promising investment opportunity.

With a CV growth rate that outpaces the market, this property is not just a number on a spreadsheet. It's a warm, inviting home with a solid structure that has weathered the test of time post-quake. The living spaces are bathed in natural light, thanks to its north-west orientation, and the addition of two heat pumps ensures year-round comfort. The property falls within the zones of several reputable schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6), among others.

For families with children, the school network is a significant highlight. The property is zoned for schools catering to various age groups and educational needs, ensuring a quality education is within reach. This, coupled with the property's convenient location near local amenities and outdoor recreational spaces, makes it an ideal choice for both first-time buyers and investors.

Updated on April 10, 2024