36b Mountbatten Street, New Brighton, Christchurch City

Nestled at 36b Mountbatten Street, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1970 with concrete walls and an iron roof, both in good condition, this property is set on a level contour. The highlight is its capital value growth, increasing from $275,000 in 2019 to $425,000 in 2022, a rise of 54.5%. The latest sale was recorded at $449,000 in 2024, while the HouGarden AVM estimates it at $422,500. This home is perfect for those seeking a beach lifestyle, being a short stroll away, complemented by nearby cafes and the vibrant New Brighton Village.

As for the government valuation, the property has seen a significant jump, reflecting its desirability. The recent sale history and AVM further validate the investment potential. Externally, it offers a maintenance-free garden and a spacious courtyard for summer nights, with the added convenience of an internal access garage.

Educationally, the property falls within the catchment of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School (Decile 6), among others. This combination of location, value appreciation, and educational opportunities makes it an attractive proposition for families.

Updated on November 06, 2024