167 Union Street, New Brighton, Christchurch

Nestled in a serene cul-de-sac at 1/167a Union Street, New Brighton, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1977 with iron roofing and concrete walls in good condition, the property sits on a level contour. It is a cross-lease title with a floor area of 90 square meters. The capital value has seen a rapid increase of 54.39% from $285,000 in 2019 to $440,000 as of 2022. The property's HouGarden AVM is valued at $422,500, with the latest sale recorded at $397,500 in 2024, a significant jump from the $95,500 sale in 2001.

As for the government valuations, the property has demonstrated strong growth potential. The recent capital value increase is a testament to the investment appeal. The HouGarden AVM provides a competitive estimate, making it an attractive prospect for buyers.

Educationally, the property falls within the decile 9 Middleton Grange School zone for years 11-13, and is also in proximity to several other well-rated schools such as Hillview Christian School (decile 7), Shirley Boys' High School (decile 6), Avonside Girls' High School (decile 6), and more. This makes it an ideal choice for families with school-going children.

Updated on October 23, 2024