2/148 Beach Road, North New Brighton, Christchurch

Nestled in a serene cul-de-sac, this delightful 2-bedroom unit at 2/148 Beach Road, North New Brighton, Christchurch, is a gem on the property market. Constructed in 1970 with concrete walls and tiled roof, both in good condition, this cross-lease property offers a floor area of 90 square meters and a single car park. The capital value has seen a staggering increase of 73.08% from $260,000 in 2019 to $450,000 as of 2022. The property's latest sale was for $470,000 in 2024, while the HouGarden AVM estimates it at $432,500. The heat pump ensures year-round comfort, and the conservatory adds a touch of elegance with its sunny ambiance and slate floor.

From an investment perspective, the property's CV growth and the latest sale history indicate a promising future. The government's valuation has sky-rocketed, reflecting the area's desirability and potential for further increases.

For families with children, the property falls within the catchment area of several well-regarded schools. Notably, Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8) are among the top choices. Parkview School, Shirley Boys' High School, and Avonside Girls' High School are also within the vicinity, offering a range of educational options.

Updated on April 10, 2024