14/15 Newtown Street, Bromley, Christchurch

Nestled in the heart of Bromley, Christchurch, this industrial warehousing property at 14/15 Newtown Street boasts a unit title with a well-maintained concrete exterior and iron roof, constructed in 2006. The property features a single bathroom and a level contour, with a floor area of 27 square meters. Notably, it is situated in a prime school zone, which will be further highlighted.

As per the government's valuation, the capital value has seen a significant increase from $45,000 in August 2019 to $58,000 in August 2022, marking a growth of 28.89%. The HouGarden AVM estimates the property's value at $52,500. The latest sale history is notable, with a sale price of $64,000 in November 2024, a substantial rise from the previous sale of $32,000 in February 2013.

When it comes to education, the property falls within the catchment area of several esteemed schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the highlights. Other schools in the zone include Hillview Christian School (decile 7), Bromley School (decile 3), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College for years 7 and 8 (decile 3).

Updated on December 18, 2024