Nestled in a quiet cul-de-sac at 2/45 Reginald Street, Burwood, Christchurch, this cozy standalone townhouse with a cross-lease title presents an inviting opportunity. Constructed in 1988 with solid brick walls and an iron roof in good condition, the property offers a floor area of 85 square meters, three bedrooms, one bathroom, and a single carpark. The capital value has seen a substantial increase of 56.5% from $310,000 in 2019 to $485,000 as of August 2022, demonstrating strong growth potential. The latest sale history includes transactions in 2016 and 2014 at $329,000 and $295,000 respectively, with the current HouGarden AVM valuing the property at $465,000.
For families with educational considerations, the property falls within the zones of esteemed schools such as Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Waitakiri Primary School (Decile 8), and Shirley Boys' High School (Decile 6), among others. This ensures access to quality education at various levels.
With a heat pump for comfort, an eco-panel heater, and a DVS system, the home is ready for year-round living. The open-plan layout and sizeable deck provide ample space for family activities and entertainment. Set in a serene environment with easy access to local amenities and the tranquility of the adjacent red zone, this property is perfect for those seeking a balanced lifestyle.
Updated on April 24, 2024