24 Mountbatten Street, New Brighton, Christchurch

Nestled on a spacious freehold section at 24 Mountbatten Street, New Brighton, Christchurch, this 3-bedroom, 1-bathroom residence exudes potential with its concrete walls and iron roof, both in good condition. Constructed in 1970, the property sits on a level contour with a floor area of 96sqm and a land area of 673sqm, complete with a sun-drenched patio accessible via French doors. The capital value has seen a significant increase from $350,000 in August 2019 to $530,000 in August 2022, reflecting a growth of 51.43%. The property also boasts a HouGarden AVM of $535,000 and a latest sale history of $305,000 in 2008 and $200,000 in 2003. It includes a double garage and 2 carparks, ideal for a growing family.

With a decile 9 Middleton Grange School and other well-rated institutions in the zone, educational opportunities are abundant. The property's location in a quiet cul-de-sac street close to schools, shops, transport, and the beach adds to its appeal. This is a perfect investment opportunity with excellent tenants in place, eager to renew their lease.

Note: Open homes are limited, and private inspections are strictly by exception. The property is under offer with a deadline brought forward to Sat 17/8 at 4pm.

Updated on September 06, 2024