77 Park Terrace, Waikuku Beach, Waimakariri

Nestled in the serene cul-de-sac of Park Terrace, this charming Kiwi bach at 77 Park Terrace, Waikuku Beach, Waimakariri, offers a cozy haven with 3 bedrooms and a single carpark on a freehold title. Constructed in 1960 with fibrous cement walls and an iron roof, this residential dwelling sits on a levelled 617sqm of land with a fair condition exterior. The interior boasts an open-plan living area with modern comforts like a heat pump, complemented by a log burner for all-season comfort. The property has seen a significant Capital Value (CV) increase of 56.67% from $300,000 in August 2019 to $470,000 as of July 2022. HouGarden's AVM estimates the property at $465,000, while the latest sale history shows transactions at $342,500 in December 2020 and $200,000 in May 2007.

For families, the property falls within the catchment of top-rated schools, including the Rangiora New Life School with a decile rating of 9, Pegasus Bay School at decile 10, Kaiapoi High School at decile 7, Christchurch Adventist School at decile 5, and Marian College at decile 8. This not only adds to the property's value but also ensures quality education for the young ones.

With its idyllic location near the beach, river, and park, along with the potential for further development, this property presents an attractive opportunity for both investors and families seeking an affordable coastal lifestyle.

Updated on November 05, 2024