This substantial 350sqm brick and plaster property, located at 12 Grangewood Lane, Burnside, Christchurch, is a testament to quality living in a highly desirable and peaceful neighbourhood. Built in 1994, this freehold property boasts a spacious floor area of approximately 350 sqm on a 704 sqm land area. The house features four bedrooms, two bathrooms, and an additional toilet, making it perfect for large or growing families. The property is well-maintained with good wall and roof conditions, concrete walls, and tile roofing. The level contour of the property adds to its appeal, providing a solid foundation for this impressive dwelling.
The capital value of this property has seen a significant increase, from $1,040,000 in August 2019 to $1,520,000 in August 2022, marking a 46.15% growth. The latest sale data shows a transaction at $1,295,000 on December 21, 2023, following a previous sale at $898,000 on March 14, 2015. The HouGarden AVM estimates the property's value at $1,455,000, highlighting its consistent appreciation in the market.
Located in a prime school zone, this property offers access to top-rated schools including Te Ara Maurea Roydvale School (decile 10), Burnside High School (decile 8), Cobham Intermediate (decile 8), and several others, ensuring excellent educational opportunities for children. The proximity to Burnside Park and easy access to amenities enhances the living experience, making it an ideal family home.
Updated on April 05, 2024.