123 Beresford Street, New Brighton, Christchurch

Nestled in the vibrant community of New Brighton, just a stone's throw from the beach, this 2-bedroom, 1-bathroom unit is a gem on a quiet cul-de-sac. Constructed in 1975 with a mix of concrete walls and tiled roof, it sits on a level contour with a single carpark. The property is under a Cross-Lease ownership, offering a spacious floor area of 90 square meters. The kitchen, large enough to include a dining area, boasts ample bench and storage space, while the living area is cozy with a night store heater. A sunroom off the living area is drenched in natural light, setting the mood for beachside living. The main bathroom features a full-sized bath and separate shower, with a separate toilet and laundry for added convenience. Outside, a single garage and garden shed provide extra storage.

With a Capital Value (CV) of $190,000 as of August 2022, this property has shown a remarkable increase of 111.11% from its $90,000 CV in August 2019. The HouGarden AVM estimates the property at $185,000, while the latest sales in June 2024 and March 2024 were at $325,000 and $240,000 respectively, indicating a high demand for properties in the area.

For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School (Decile 6), among others. This makes it an ideal investment for those seeking quality education in a thriving community.

Updated on August 14, 2024