Nestled at 88 Grahams Road, Burnside, Christchurch, this freehold property is a charming residential dwelling built in 1999 with a brick exterior and an iron roof, both in good condition. It boasts 3 bedrooms, 3 bathrooms, a single carpark, and a floor area of approximately 130sqm, sitting on a levelled 371sqm section. The current Capital Value (CV) as of August 2022 is $690,000, reflecting a growth of 48.39% from the CV in August 2019 of $465,000. The property is valued at $660,000 according to the HouGarden AVM, and its latest sale history includes transactions in 2006 and 2002.
With a CV increase that outpaces the market average, this property presents a solid investment opportunity. It's not just the numbers that are impressive; the property is also zoned for educational excellence, including Burnside High School (Decile 8) and Westburn Primary School (Decile 9), among others. This address holds a promise of prosperity, with '88' symbolizing abundance and prosperity in many cultures.
Perfect for families, this home offers efficient use of space with 2 ensuites, a family bathroom, and generous living areas. The easy-care section and the potential for cosmetic enhancements make it an attractive prospect for both homeowners and investors. Fully fenced and private, with a great patio area for relaxation and entertainment, this property is a no-brainer as a rental investment due to its location and zoning. Don't miss out on this opportunity to secure your piece of the luck at Lucky 88.
Updated on October 21, 2024