136 Seaview Road, New Brighton, Christchurch

Nestled in a serene cul-de-sac at 136 Seaview Road, New Brighton, Christchurch, this 82sqm, 2-bedroom, 1-bathroom unit with a single carpark is an exemplar of modern living. Constructed in 2023 with a mix of materials for the walls and iron for the roof, this unit title property is in a good condition both inside and out. It boasts a heat pump, full double glazing, and a north-facing deck off the open-plan living area. The kitchen features engineered stone benchtops and ample storage, while the large double bedrooms have generous wardrobe space. With a government valuation of $585,000 and a HouGarden AVM of $577,500, this property's latest sale was for $595,000 in 2021. Notably, the capital value has seen a steady increase. It's set within the decile 9 Middleton Grange School zone and close to other well-regarded institutions, offering both educational opportunities and investment potential.

Boasting a solid 5.3% gross return based on rental income, this property is currently tenanted but offers the potential for vacant possession. It's a short walk from the iconic New Brighton Pier and hot pools, with easy access to surfing, cafes, bars, shopping, and bike tracks, while the CBD is just a 20-minute drive away.

For families with school-age children, the property falls within the catchment area of several schools, including the decile 9 Middleton Grange School, decile 7 Hillview Christian School, and the secondary schools Shirley Boys' and Avonside Girls', all of which are known for their high standards of education.

Updated on November 12, 2024