Nestled in the serene Tobins Lane of Burwood, Christchurch, this 195 square meter residential dwelling on a 566 square meter freehold section boasts 3 bedrooms and 2 car parks. Constructed in 2016 with quality brick walls and tiled roofing, the property is in a good condition both in walls and roof. The capital value has seen a significant increase of 58% from $500,000 in 2019 to the current $790,000, reflecting a strong growth trend in the area. The property also holds a HouGarden AVM of $770,000, with the latest sale recorded at $780,000 in 2024, a substantial rise from the $68,500 sale in 2001.
With a prime location in a desirable school zone, the area offers a range of educational institutions including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Waitakiri Primary School (Decile 8), Shirley Boys' High School (Decile 6), Avonside Girls' High School (Decile 6), Chisnallwood Intermediate (Decile 5), Christchurch Adventist School (Decile 5), Mairehau High School (Decile 4), Hagley Community College (Decile 6), and Marian College (Decile 8), catering to diverse educational needs and age groups.
Set in a quiet cul-de-sac, this property is not only an ideal family home but also a sound investment with promising capital value appreciation and a highly sought-after school network.
Updated on August 28, 2024