2/238a Bower Avenue, North New Brighton, Christchurch

Nestled in a serene cul-de-sac, this well-maintained 2-bedroom, 1-bathroom unit with a single carpark is a gem in the North New Brighton neighborhood. Constructed in 1984 with concrete walls and tiled roof, both in good condition, this cross-lease property offers a floor area of 120 square meters. The current Capital Value (CV) of $465,000 reflects a significant increase of 52.46% from its previous CV of $305,000 in 2019. The property is located at 2/238a Bower Avenue and is close to amenities, schools, and cafes. It features an open-plan kitchen/dining area, a private courtyard, and a separate laundry and toilet. With a HouGarden AVM of $427,500 and a latest sale price of $520,500 in 2024, this property is priced to sell and holds great potential for further value appreciation.

Government valuation history and the latest sale records indicate a upward trend in the property's value. The recent sale price of $520,500, compared to the previous sale of $285,000 in 2015, is a testament to the area's growth and development. The property is equipped with a heat pump and offers a low-maintenance lifestyle in a location where new builds are on the rise.

For families with children, the property falls within the catchment area of several well-regarded schools. These include Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6), among others. With a range of educational options and a community college nearby, this property is ideal for those who value a strong school network.

Updated on December 11, 2024