Nestled on a family-friendly street at 2/66 Lakewood Drive, Burwood, Christchurch, this 3-bedroom, 1-bathroom unit is a prime example of comfortable living. Constructed in 1979 with a fibrous cement exterior and iron roof, both in good condition, the property sits on a level contour. It holds a Cross-Lease title and offers a single carpark and a floor area of 87 square meters. The capital value has seen a remarkable increase of 68.12% from $345,000 in 2019 to $580,000 as of 2022. The property's HouGarden AVM is $537,500, with the latest sales recorded at $530,000 in 2024 and $560,000 in 2021. The residence is equipped with a heat pump and a fully upgraded kitchen, and it enjoys a private, fully fenced section.
As for the government valuations, the rapid CV growth indicates a promising investment. The property is located within a desirable school zone, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Waitakiri Primary School (Decile 8), among others. This combination of quality education and comfortable living makes it an ideal choice for families.
With the owners requiring an urgent sale, this property presents a realistic opportunity, priced $60,000 below the RV. It's a chance to secure a slice of paradise in the heart of Burwood, where privacy and convenience go hand in hand.
Updated on June 05, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.33 km | 3 | 124m2 | 2024 04 24 | $590,000 | Council approved | |||
 | 0.34 km | 2 | 1 | 80m2 | 2024 04 10 | $480,000 | Council approved | |
0.21 km | 3 | 162m2 | 2024 04 03 | $766,000 | Council approved | |||
 | 0.27 km | 4 | 256m2 | 2024 02 18 | $845,000 | Council approved | ||
0.04 km | 3 | 104m2 | 2024 01 25 | $650,250 | Council approved |