Nestled in the heart of Sydenham, Christchurch, on 17 Burlington Street, this residential ownership home unit is a charming opportunity. The property, built in 1975, features 1 bedroom, 1 bathroom, and a floor area of 50 square meters. It boasts concrete walls in good condition and a tiled roof, also well-maintained. The cross-lease section provides convenience and low-maintenance living, with a level contour and ample off-street parking. The capital value has seen a rapid increase, rising from $280,000 in August 2019 to $410,000 in August 2022, indicating a growth of 46.43%. The HouGarden AVM estimates the property at $382,500, while the latest sale history includes a transaction at $342,000 in June 2021 and another at $285,000 in October 2017.
For families with children, the property falls within a desirable school zone. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other notable schools in the area include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College (Year 7&8, decile 3), and Waltham School, a full primary with a decile rating of 3.
Whether you seek an investment with tenants in place or a cozy home for yourself, this property presents a captivating option in a prime location.
Updated on May 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.03 km | 2 | 1 | 81m2 | Year 2024 Month 12 Day 02 | - | Council approved | |
 | 0.12 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 01 | $672,000 | Council approved | |
 | 0.14 km | 150m2 | Year 2024 Month 10 Day 17 | $504,000 | Council approved | |||
 | 0.01 km | 2 | 1 | 81m2 | Year 2024 Month 10 Day 14 | $440,000 | Council approved | |
 | 0.23 km | 3 | 1 | 87m2 | Year 2024 Month 08 Day 08 | $470,000 | Council approved |