Nestled in the serene Lonsdale Street of New Brighton, Christchurch, this 3-bedroom, 1-bathroom residence on a freehold title is a charming find for any aspiring homeowner. Constructed in 1978 with concrete walls and tiled roofing, the property stands firm with a good wall and roof condition. Spanning a floor area of 94 square meters and a land area of 625 square meters, it offers a level contour that is both practical and appealing. The home boasts two car parks and oversized single garages, providing ample space for vehicles and storage. This property has seen a 52.24% increase in Capital Value from $335,000 in August 2019 to $510,000 in August 2022, showcasing a promising investment potential. The HouGarden AVM estimates the property at $490,000, while the latest sale was recorded in 1994 at $108,500.
For families with school-aged children, the property falls within the zones of several reputable schools, including Rawhiti School, Shirley Boys' High School, and Avonside Girls' High School. The nearby Middleton Grange School and Emmanuel Christian School are also notable institutions with high decile ratings, ensuring quality education for your children.
With its convenient location, just a short walk to the beach, and a history of steady capital value growth, this property presents a perfect opportunity for first-home buyers looking to start their journey into home-ownership.
Updated on October 10, 2024