Located at 18 Nepal Place, Burnside, Christchurch, this Residential - Dwelling property boasts a solid brick construction with an iron roof, reflecting its robust design from 1986. The property is in good condition, with both the walls and roof well-maintained. It sits on a level 1198 sqm section, offering a freehold ownership type. This family home features four bedrooms, a spacious floor area of 180 sqm, and accommodates two cars with its internal access double garage, alongside ample off-street parking. The property's unique, sun-filled design and its position next to Nepal Reserve make it a cherished location.
Over the years, the property has seen significant growth in its capital value, increasing from $630,000 in August 2019 to $1,030,000 in August 2022, marking a 63.49% increase. The latest sale recorded on February 21, 2024, was at $983,000, slightly below the HouGarden AVM of $1,015,000. This growth trajectory underscores the property's value appreciation and its appeal in the market.
The property is zoned for exceptional schools, including Te Ara Maurea Roydvale School (decile 10), Burnside High School (decile 8), Cobham Intermediate (decile 8), and several others, offering a range of educational options from primary to secondary levels. This, combined with its proximity to local parks, shopping centres, and city access, makes it an ideal family home in a sought-after cul-de-sac location.