32 Leverett Place, North New Brighton, Christchurch

Nestled in a quiet cul-de-sac at 32 Leverett Place, North New Brighton, Christchurch, this freehold property built in 1960 boasts a concrete exterior and a tiled roof. It offers 3 bedrooms, 2 carparks, and a floor area of 133 square meters on a levelled land area of 751 square meters. Despite some earthquake-related issues, the interior has been freshly painted, providing a comfortable living space complete with a separate lounge, galley kitchen, and a massive conservatory that serves as a second living area. The property's Capital Value (CV) has seen a significant increase from $355,000 in 2019 to $570,000 in 2022, reflecting a growth of 60.56%. The HouGarden AVM estimates the property's value at $552,500, while the latest sales were recorded at $292,000 in 2011 and $310,000 in 2009.

With a CV increase indicating a promising investment, this property is zoned for several reputable schools. It falls within the decile 9 Middleton Grange School for years 11-13, decile 8 Emmanuel Christian School, and decile 6 Shirley Boys' and Avonside Girls' High Schools, among others. The location is family-friendly, close to amenities, the beach, and recreational areas, making it an ideal blend of convenience and opportunity.

Here is a property that not only presents a functional living space but also holds potential for those with a vision to add value and build equity. It's a perfect blend of classic charm and modern potential in a sought-after school zone.

Updated on July 19, 2024