Nestled within a stone's throw from New Brighton Beach, this well-maintained two-storey dwelling boasts a prime location and comfortable living. The 2-bedroom, 1-carpark home is set on a level contour with iron roofing and brick exterior walls, built in 1991 and in good condition. It comes with a cross-lease title and a floor area of 110 square meters. The property has seen a significant Capital Value (CV) increase of 60%, from $325,000 in 2019 to the current $520,000 as per the latest government valuation. The HouGarden AVM estimates the property at $515,000, while the latest sale history shows a sale price of $405,000 in 2024 and $130,000 in 2001.
For families with school-aged children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6). Other schools in the zone are Avonside Girls' High School, Rawhiti School, Haeata Community College, Christchurch Adventist School, Hagley Community College, and Marian College.
Not only is this property an ideal investment with its rising CV and desirable school zones, but it also offers the convenience of a peaceful cul-de-sac lifestyle, a private patio and garden, and the attractions of New Brighton, including Brighton Pier and the He Puna Taimoana Hot Pools complex. This is a serious sale opportunity, and all reasonable offers under the Rating Valuation of $520,000 are welcome.
Updated on November 06, 2024