Nestled at 22 Cradock Street, South New Brighton, Christchurch, this comfortable dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a single carport. Constructed in 1920 with roughcast walls and an iron roof, both in good condition, this level property offers an easy, maintenance-free lifestyle. The floor area spans 86 square meters on a land area of 482 square meters, providing a cozy living space that's perfect for first home buyers, retirees, or anyone seeking a relaxed lifestyle.
As for the property's financials, the capital value has seen a substantial increase from $320,000 in August 2019 to $510,000 in August 2022, a growth of 59.375%. The HouGarden AVM estimates the property's worth at $500,000, while the latest sale history shows transactions at $100,000 in February 2014 and $165,000 in July 2013. Clearly, this is an investment that's only gaining value.
For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the many highlights. Other schools include Hillview Christian School (decile 7), Shirley Boys' High School (decile 6), Avonside Girls' High School (decile 6), and more. These educational institutions ensure a quality education for children of all ages.
Updated on August 07, 2024