153 Memorial Avenue, Burnside, Christchurch

Nestled in the serene Memorial Avenue of Burnside, Christchurch, this 1951-built, freehold property offers a promising investment opportunity. The residence boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 125 square meters and a land area of 646 square meters. Constructed with wooden walls and tiled roofing, this home features average conditions both inside and out, and is situated on a level contour. It presents a perfect canvas for a renovator, developer, or investor seeking to tap into the property's Capital Value growth potential, which has seen a significant increase of 41.28% from $545,000 in 2019 to $770,000 as of 2022.

With a HouGarden AVM of $765,000 and a history of sales at $470,000 in 2014 and $345,000 in 2007, the property is strategically located within the highly sought-after Burnside High School Zone. It's surrounded by a decile 8 secondary school, a decile 9 full primary, and several other well-performing educational institutions, making it an ideal choice for families with school-going children. The property's location further enhances its appeal, being within walking distance to amenities like shops, restaurants, cafes, transport, and parks.

Embrace the opportunity to transform this charming home with your own modern touch. The current owners are determined to sell, and the question remains - will you be the one to unlock the potential of this property? With a clear focus on the Burnside High Zone for 2025, this is a chance not to be missed.

Updated on November 30, 2024