3/94 Nayland Street, Sumner, Christchurch

Welcome to this delightful coastal haven nestled at 3/94 Nayland Street, Sumner, Christchurch. This 2-bedroom, 1-bathroom unit with a single carpark is set on a level contour with brick exterior walls and tiled roofing, built in 1960. The property is under a Cross-Lease ownership, offering a freehold experience. The interior boasts a light-filled open-plan living area and a modern kitchen, complemented by the generous-sized bedrooms and a large deck that invites the refreshing sea breeze. The capital value has seen a remarkable increase of 106.35% from $315,000 in 2019 to $650,000 as of 2022, echoing the growing investment potential. The HouGarden AVM mirrors this figure, indicating a strong market sentiment. The latest sale history shows a progression from $155,000 in 2002 to $300,000 in 2018, highlighting a steady rise in property value.

For families with school-aged children, the property falls within the decile 10 Sumner School zone, along with other well-regarded institutions such as Middleton Grange School (decile 9) and Marian College (decile 8), ensuring access to quality education. The location provides an easy walk to the beach and the vibrant village, offering the perfect blend of relaxation and convenience.

With a prime location, solid construction, and a promising capital value growth history, this property presents a golden opportunity for both homebuyers and investors. Don't let this chance slip by to secure your slice of coastal paradise.

Updated on September 13, 2024