Nestled at 25 Tedder Avenue in the serene North New Brighton, Christchurch, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1930 with wood walls and an iron roof, both in average condition, this level property offers a comfortable floor area of 81 square meters on a generous land area of 625 square meters. The property's capital value has seen a significant increase, rising by 61.19% from $335,000 in August 2019 to $540,000 in August 2022, with a HouGarden AVM estimate of $535,000. The latest sale was recorded on October 21, 2024, at $420,000.
With a promising government valuation and sales history, this property is located within a desirable school zone. It includes high-decile institutions such as Middleton Grange School (Years 11-13) with a decile rating of 9, Emmanuel Christian School (Year 1-10) at decile 8, and Marian College (Year 9-15) at decile 8. Other schools in the area include Shirley Boys' High School, Avonside Girls' High School, Rawhiti School, Haeata Community College, Christchurch Adventist School, and Hagley Community College, catering to various educational needs and levels.
Whether you're looking for a sound investment with promising capital growth or a family home in a sought-after school district, this property presents an opportunity not to be missed.
Updated on November 20, 2024