324 Memorial Avenue, Burnside, Christchurch

Positioned in the heart of a prestigious school zone, this charming 2-bedroom, 1-bathroom residence on 324 Memorial Avenue, Burnside, Christchurch, offers an ownership opportunity on a cross-lease title. Constructed in 1960 with brick walls and tiled roof, this property presents an average condition both inside and out, with a level contour and a floor area of 90 square meters. The capital value has seen a remarkable increase of 42.86% from $350,000 in 2019 to $500,000 in 2022, outperforming the market. The latest sale was in 2003 for $128,950, while the current HouGarden AVM estimates it at $455,000.

For families with school-aged children, the property falls within the catchment area of top-rated schools such as Burnside High School, Cobham Intermediate, and Te Ara Maurea Roydvale School, all known for their high decile ratings. Other educational institutions in the vicinity include Christ the King School, St Patrick's School, and Villa Maria College, to name a few.

Boasting a warm and inviting open-plan living space with a heat pump, modern bathroom, and a separate laundry, this home is perfect for investors, first-home buyers, or those looking to downsize. The private and fenced backyard with a patio is an ideal spot for relaxation or entertainment. With a detached garage and off-street parking, plus the convenience of public transport right across the street and easy access to the airport, this property is a prime example of comfortable living in a sought-after location.

Updated on December 09, 2024