138 Roydvale Avenue, Burnside, Christchurch

Nestled in the prestigious Roydvale Avenue, this charming freehold property boasts a concrete exterior and a tile roof, constructed in the year 1960. Offering 3 bedrooms, 133m² of floor area, and a spacious 999m² land, it includes a double carpark and is primely located in a quiet cul-de-sac. The property has seen an average wall and roof condition over the years, with a current Capital Value (CV) of $930,000, a significant increase of 78.85% from its $520,000 valuation in 2019.

With a HouGarden AVM of $922,500 and a latest sale record of $940,000 in 2021, this property presents a promising investment. The previous sale in 2010 was at $390,000, showcasing a consistent capital growth. Its allure is further enhanced by its proximity to high-decile schools, including Te Ara Maurea Roydvale School (Decile 10) and Burnside High School (Decile 8), among several others.

For families with educational priorities, this property falls within a highly rated school zone. It is served by Breens Intermediate (Decile 7), Cobham Intermediate (Decile 8), and a selection of primary and secondary schools, all within easy reach. This combination of location, value appreciation, and educational opportunities makes it an ideal choice for both investors and families.

Updated on November 27, 2024