136/36a Shaw Avenue, New Brighton, Christchurch

Nestled in a serene cul-de-sac, this delightful 2-bedroom, 1-bathroom unit on a cross-lease title boasts a capital value that has surged by 54.5% over the past three years. Constructed in 1977 with concrete walls and tiled roof, both in good condition, this 98sqm home exudes warmth and comfort with a heat pump and newly carpeted living spaces. The property at 136/36a Shaw Avenue, New Brighton, Christchurch, is not only conveniently located near public transport but also enjoys easy access to the Rawhiti Domain and golf course, with the beach just a stroll away.

With a current Capital Value (CV) of $425,000, as of August 2022, and a HouGarden AVM of $397,500, the latest sale history shows a transaction at $385,000 in June 2024, indicating a significant increase from the $232,000 sale in 2012. This property is perfect for those seeking a sound investment with strong growth potential.

For families with children, the property falls within the decile 9 Middleton Grange School zone, along with several other well-rated institutions such as Emmanuel Christian School (decile 8) and Marian College (decile 8). The educational opportunities are vast, making this an ideal home for families looking to settle in a reputable school district.

Updated on July 03, 2024