8 Blake Street, New Brighton, Christchurch

Nestled in the serene Blake Street of New Brighton, Christchurch, this 1970s bungalow on a freehold title boasts a charming mix of concrete walls and tiled roofing. With 3 bedrooms, a single carpark, and a floor area of 120sqm, it sits pretty on a levelled 673sqm plot. The capital value has seen a rapid increase of 45.21% from $365,000 in 2019 to $530,000 as of 2022. HouGarden AVM estimates it at $535,000, while the latest sale was recorded at $540,000 in 2021, a significant jump from the $236,000 sale in 2014.

When it comes to schools, the property falls within a highly sought-after zone. Middleton Grange School, a composite institution with a decile rating of 9, is one of the several impressive educational facilities in the area. Others include Hillview Christian School (decile 7), Shirley Boys' High School (decile 6), and more, catering to diverse educational needs.

Not only is the property a gem in terms of location and value appreciation, but it also enjoys the proximity to the beach, park, and shopping amenities. This is a home that promises comfort, convenience, and an investment that's set to grow.

Updated on September 27, 2024