Nestled in the serene Tedder Avenue of North New Brighton, Christchurch, this charming freehold property presents a lucrative opportunity. Constructed in 1950 with fibrous cement walls in good condition and an average iron roof, the 79sqm floor area is complemented by a spacious 541sqm section. The 3-bedroom, 1-bathroom, and single carpark home has seen a significant Capital Value (CV) increase of 59.375% from $320,000 in 2019 to the current $510,000 in 2022. HouGarden AVM estimates the property at $505,000, with the latest sale recorded at $441,000 in 2024, a substantial leap from the $150,000 sale in 2004.
Educationally, the property falls within the catchment of several esteemed schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6), among others. This ensures a quality education for children of all ages.
With a heat pump for year-round comfort and a sunny deck for relaxation, this home is perfect for DIY enthusiasts seeking to add their personal touch. The potential for renovation and value addition is immense in this property, making it an attractive prospect for investors and homebuyers alike.
Updated on November 20, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 2 | 1 | 79m2 | 2024 11 07 | $385,000 | Council approved | |
 | 0.22 km | 3 | 1 | 110m2 | 2024 11 05 | - | Council approved | |
 | 0.11 km | 2 | 1 | 90m2 | 2024 10 14 | $484,000 | Council approved | |
 | 0.22 km | 4 | 2 | 180m2 | 2024 09 12 | $767,500 | Council approved | |
 | 0.21 km | 4 | 180m2 | 2024 09 02 | $767,500 | Council approved |