Nestled at 1/203 Estuary Road, South New Brighton, Christchurch, this residential dwelling on a cross-lease title boasts a charming blend of relaxation and comfort. Constructed in 1950 with roughcast walls and tiled roof in good condition, the property features 3 bedrooms, 1 bathroom, and 2 car parks, spread across a level contour and an 81sqm floor area. The capital value has seen a significant increase of 59.42% from $345,000 in 2019 to $550,000 as of 2022, reflecting a robust investment potential. The latest sale was recorded at $539,000 in 2021, with a HouGarden AVM estimate of $535,000.
With a prime location in a desirable school zone, the area offers access to esteemed institutions such as Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School (Decile 6), among others. This not only adds to the property's value but also ensures quality education for the family.
Enjoy the benefits of an updated kitchen, a light-filled living and dining area, a deck for entertainment, a studio, and off-street parking. The fully fenced section provides privacy and security, making it an ideal space for children and pets. Just a short stroll to the beach and estuary, this property invites you to embrace coastal living at its finest.
Updated on August 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 2 | 1 | 80m2 | 2024 12 04 | - | Council approved | |
 | 0.28 km | 4 | 1 | -m2 | 2024 11 26 | - | Council approved | |
 | 0.08 km | 3 | 1 | 132m2 | 2024 11 22 | $600,000 | Council approved | |
 | 0.20 km | 2 | 1 | -m2 | 2024 08 22 | - | Council approved | |
 | 0.24 km | 3 | 1 | 140m2 | 2024 06 25 | - | Council approved |