Located at 1/298 Travis Road, New Brighton, Christchurch, this charming two-bedroom unit, built in 1994, offers a perfect blend of comfort and convenience. With a floor area of 120m², the property features stone walls and tile roofing, both in good condition, and is situated on a level cross-lease section. The property boasts a spacious living room with an open-plan kitchen and dining area, leading to a large separate lounge that opens to a private sunny outdoor patio area, ideal for summer BBQs. The low-maintenance construction includes Oamaru Stone and mostly double-glazed windows. Secured parking for one car plus additional off-street parking is available. Conveniently located across from shops, schools, doctors, and recreation parks, this unit is ideal for first-home buyers or those looking to downsize.
Over the past few years, the capital value of the property has seen a significant increase, from $345,000 in August 2018 to $540,000 in August 2021, marking a 56.52% growth. The HouGarden AVM estimates the property's value at $530,000. Historical sales data reveals the property was sold for $127,000 in June 1994 and $138,500 in March 1997. This demonstrates a strong capital appreciation over time, highlighting the property's investment potential.
The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) with a decile of 8, and Shirley Boys' High School and Avonside Girls' High School, both with a decile of 6. Other nearby schools include Rawhiti School (decile 3), Haeata Community College (decile 1), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8). This wide range of educational options makes it an excellent choice for families seeking quality education for their children.