Located at 8/71 Estuary Road, New Brighton, Christchurch, this residential property features 2 bedrooms, 1 bathroom, and 1 carpark, covering a floor area of 52 square meters. With its construction dating back to 1960, the property boasts mixed materials for both its roof and walls, which are in good condition. This Cross-Lease property sits on a level contour, presenting an ideal blend of comfort and convenience.
Over the years, the capital value of this property has seen a significant increase, from $225,000 in August 2019 to $295,000 in August 2022, marking a 31.11% growth. The HouGarden AVM estimates its value at $290,000, closely following its latest sale price of $300,000 in July 2022, which itself was a substantial rise from the $220,000 sale in November 2017.
The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Marian College both with impressive decile ratings of 7 and 8 respectively. Other schools within the zone include Shirley Boys' High School, Avonside Girls' High School, Haeata Community College, South New Brighton School, Christchurch Adventist School, and Hagley Community College, offering a wide range of educational opportunities.
Updated on March 21, 2024.