38 Aston Drive, Waimairi Beach, Christchurch

Nestled in the highly sought-after Waimairi Beach area, this 3-bedroom, 2-bathroom, 2-car park home on a cross-lease title offers an enviable lifestyle. Constructed in 1995 with roughcast walls and an iron roof in good condition, the property boasts a floor area of 200sqm on a level contour. The capital value has seen a rapid increase of 46.43% from $560,000 in 2019 to $820,000 as of August 2022. The HouGarden AVM estimates the property's worth at $765,000, while the latest sale history shows a significant jump from $75,000 in 1994 to $205,000 in 2001.

For families, the property falls within the catchment area of several schools, including the decile 9 Middleton Grange School and the decile 8 Emmanuel Christian School. Other notable schools in the zone are Parkview School, Shirley Boys' High School, and Avonside Girls' High School, all catering to various educational needs and levels.

With its prime location, just a short walk from the beach and the Waimairi Beach Golf Club, and minutes away from the New Brighton Library and QEII Swim Centre, this property offers a perfect blend of investment and lifestyle. It's currently tenanted at $590 per week, making it an attractive opportunity for first-time buyers or those seeking a project with great potential for added value.

Updated on July 16, 2024