40 Queens Avenue, Waikuku Beach, Waimakariri

Nestled in a serene cul-de-sac of Waikuku Beach, Waimakariri, this charming 2-bedroom, 1-bathroom cottage with a single carpark on a sprawling 760m2 freehold section boasts an Iron roof and Wood exterior walls. Constructed in 1950, the property maintains an average condition both inside and out, with a level contour that adds to its appeal. The capital value has seen a remarkable increase of 68.97% from $290,000 in August 2019 to $490,000 as of July 2022, with a HouGarden AVM estimate of $485,000. The latest sale history includes transactions in 2009 for $260,000 and in 2004 for $102,500.

For families, the property falls within the catchment of esteemed schools, including the Rangiora New Life School with a decile rating of 9, Pegasus Bay School with a perfect 10 decile rating, Kaiapoi High School at a 7 decile, and both Christchurch Adventist School and Marian College with respective decile ratings of 5 and 8. This is an opportunity to not only invest in a property but also in a lifestyle, with convenient access to the Ashley River, the beach, and outdoor activities.

With a relaxed coastal lifestyle on offer and potential evident in its CV growth, this property presents an attractive prospect for both investors and homeowners. Don't miss the chance to secure this slice of paradise at the upcoming mortgagee auction.

Updated on November 21, 2024