Nestled in the serene locale of 227b Waimea Terrace, Beckenham, Christchurch, this residential dwelling boasts a freehold ownership type, encapsulating the essence of tranquility and privacy. Constructed in 1960, the property features a robust concrete wall construction paired with an iron roof, both in average condition, ensuring durability. Spanning a floor area of 124 square meters on a generous land area of 1287 square meters with an easy/moderate rise contour, this home offers 3 bedrooms, a bathroom, and a carpark, catering to the needs of modern living.
Over the years, the property has witnessed a significant capital value increase from $500,000 in August 2019 to $780,000 in August 2022, marking a 56% growth. The HouGarden AVM estimates its value at $770,000, while the latest sale on December 6, 2023, reached an impressive $830,000, highlighting its desirability and investment potential.
Education is paramount, and this property is zoned for a range of prestigious schools, including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Christchurch South Karamata Intermediate, Cashmere High School, Thorrington School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, and Beckenham Te Kura o Puroto. These institutions boast decile ratings from 5 to 10, ensuring a top-tier education for residents.