18 Pinewood Avenue, North New Brighton, Christchurch

Nestled in the serene Pinewood Avenue of North New Brighton, this charming 4-bedroom, freehold property, built in 1950, stands out with its wood exterior walls and fibrous cement roof. Spacious at 114 square meters of floor area and a land size of 577 square meters, it offers a single car park and a tranquil lifestyle in a levelled property contour. The government's capital value has seen a remarkable increase from $345,000 in 2019 to $540,000 in 2022, showcasing a growth rate of 56.5%. The HouGarden AVM estimates the property at $505,000, while the latest sales history shows a sale price of $297,250 in 2010 and $318,000 in 2007.

For families with school-aged children, the property falls within the catchment area of several esteemed institutions. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other schools include Emmanuel Christian School, Shirley Boys' High School, Avonside Girls' High School, Rawhiti School, Haeata Community College, Christchurch Adventist School, Hagley Community College, and Marian College, all with varying decile ratings and school types, ensuring a diverse range of educational options.

Deadline Sale is set for 14 May 2024 at 5:30pm, unless sold prior. This property presents a golden opportunity to own a piece of North New Brighton's tranquility while enjoying the convenience of nearby amenities and the promise of a sound investment with its increasing capital value.

Updated on May 27, 2024