Ongoing Popularity of Beckenham

28 February 2005

Keen Auction Crowd Reflects Ongoing Popularity of Beckenham

An estimated crowd of over 175 including more than a dozen keen registered auction bidders resulting in $380,000 under the hammer for a two bedroom Waimea Terrace home yesterday was rapidly becoming the norm for the Beckenham/Lower Cashmere area of Christchurch according to Harcourts Beckenham co-owner, Tekla Kridle.

The spirited bidding at the on-site auction was a reflection of the increasingly strong buying interest in the area, along with increased numbers of Open Home visitors recorded, strong auction crowds, and multiple offers on many properties, added Ms Kridle.

According to their records, Ms Kridle confirmed that property buyers were coming from all parts of the city to be in Beckenham which she attributed to the excellent local schools, proximity to city centre, and attractive river environment with mature tree-lined streets.

“The whole area has lifted in the last three years with a burgeoning café culture and the shopping area having undergone a huge facelift” with the modern and attractive Beckenham Library in particular having provided a boost to the area.

As a result of the ongoing positive activity, Ms Kridle noted that anyone wanting to purchase property in Beckenham/Lower Cashmere was strongly advised not to hold off buying as she was confident its popularity would only continue to build.

The well presented Waimea Terrace property was marketed by Derek Smith from Harcourts Beckenham who was also the auctioneer on the day.

ENDS

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