Nestled in the serene Waikuku Beach, at 20 Pine Avenue, this residential dwelling on a freehold title boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1960 with mixed materials for the walls and iron for the roof, this property presents an average condition both inside and out, sitting on a levelled 575sqm section. The interior enjoys an open plan layout with a kitchen and dining area enhanced by a neutral color scheme and partial double glazing.
As for the financials, the capital value has seen a substantial increase of 56.16% from $365,000 in August 2019 to $570,000 as of July 2022. The HouGarden AVM estimates the property at $572,500, while the latest sale was recorded in April 2009 for $215,000. These numbers reflect a promising investment opportunity in a rapidly appreciating market.
For families with school-aged children, the property falls within the catchment area of several high-performing schools. Rangiora New Life School and Pegasus Bay School both hold a decile rating of 9 and 10 respectively, while Kaiapoi High School, Marian College, and Christchurch Adventist School offer diverse educational options with decile ratings ranging from 5 to 8.
Updated on September 17, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 3 | 1 | -m2 | 2024 12 10 | - | Council approved | |
 | 0.22 km | 3 | 127m2 | 2024 12 02 | $650,000 | Council approved | ||
 | 0.30 km | 3 | 1 | 69m2 | 2024 10 14 | $542,000 | Council approved | |
 | 0.14 km | 2 | 1 | -m2 | 2024 09 05 | - | Council approved | |
 | 0.06 km | 4 | 1 | 77m2 | 2024 08 19 | $632,000 | Council approved |