Nestled in the heart of Riccarton at 1/29 Burdale Street, this charming 2-bedroom, 1-bathroom townhouse with a single carpark presents an attractive opportunity for homeowners and investors alike. Constructed in 1989 with a sturdy iron roof and well-maintained stone walls, this cross-lease property sits on a level contour, exuding both character and convenience. The 109sqm floor area is complemented by a modern kitchen and bathroom, quality carpets, and separate laundry and toilet facilities, all contributing to a comfortable living environment.
With a significant Capital Value increase of 56.16% from $365,000 in 2019 to the current $570,000, and an estimated value of $542,500 by HouGarden AVM, this property is not just a home but a sound investment. Its recent sale history and rising CV reflect the area's desirability and potential for future growth.
Education takes center stage with the townhouse being in the zones for top-rated schools such as Christchurch Boys' and Girls' High Schools, both decile 10. Other notable schools include Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), and St Thomas of Canterbury College (decile 8), making this an ideal location for families with school-aged children.
Updated on October 18, 2024