Nestled in the serene Bowhill Road of New Brighton, Christchurch, this charming character bungalow on a Freehold title offers a generous living space of 134 square meters, with 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1920, the property features mixed-condition wood and iron construction, sitting on a land area of approximately 709 square meters with an easy/moderate rise contour. The property's Capital Value (CV) has seen a remarkable increase of 66%, from $235,000 in 2019 to $390,000 as of 2022, showcasing a promising investment potential. The latest sale history boasts a significant jump, from $290,000 in 2023 to $497,500 in 2024, indicating a high demand for the property in this desirable location.
With a HouGarden AVM of $382,500, this property presents an attractive opportunity for buyers. The location is further enhanced by its proximity to a range of schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley Boys' High School (Decile 6), among others, making it an ideal choice for families with children.
Enjoying a prime position, the bungalow is a short walk from North Beach, He Puna Taimoana Hot Pools, and the Golf Course. The spacious interior, complete with high ceilings and abundant natural light, offers two living areas, a formal lounge with a wood burner, and a sunny bay window. The expansive section allows for outdoor entertainment, gardening, and even a children's playground. With endless possibilities and a truly unbeatable location, this property is not just a home but a smart investment for the future.
Updated on August 28, 2024