16 Woodgrove Avenue, North New Brighton, Christchurch

Nestled at 16 Woodgrove Avenue, North New Brighton, Christchurch, this residential dwelling on a freehold title offers a charming lifestyle. Constructed in 1949 with wood walls and tiled roof, the property boasts 3 bedrooms, 1 bathroom, and 3 carparks, spread across a floor area of 84sqm on a level 825sqm section. The capital value has seen a significant increase from $330,000 in 2019 to $530,000 in 2022, reflecting a growth of 60.61%. The house features a tidy kitchen, sun-kissed open plan living and dining, and a heat pump for comfort. The section is fully fenced with potential for subdivision with resource consent.

With a HouGarden AVM of $495,000 and a latest sale history of $165,000 in 2004, this property presents a lucrative investment. Notably, the CV growth outpaces the market average, indicating strong future prospects. The property's location is zoned for several reputable schools, including Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), among others.

Education is a cornerstone here with schools like Shirley Boys' High School and Avonside Girls' High School within the zone, both rated Decile 6. This address is not only convenient for families but also offers easy access to North New Brighton Beach, Bottle Lake Forest, golf courses, and the QEII Recreation and Sports Centre. The potential is vast on this huge land, making it an opportunity not to be missed.

Updated on May 30, 2024