2/73 Lakewood Drive, Burwood, Christchurch

Nestled in the serene Lakewood Drive cul-de-sac, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for first-time buyers, downsizers, or investors. Constructed in 1979 with concrete walls and tiled roofing, this freehold property is in a good condition both inside and out. The 90sqm floor area is complemented by a levelled contour and a sun-drenched north-facing garden, perfect for summer entertainment. The property's Capital Value has seen a remarkable growth of 47.22% from $360,000 in 2019 to $530,000 as of 2022. HouGarden AVM estimates the property's worth at $535,000, with the latest sales recorded in 2013 at $306,000 and in 2006 at $235,000. This unit is zoned for esteemed schools such as Avonside Girls' and Shirley Boys' High Schools, with a range of other educational institutions nearby.

With a prime location close to Bottle Lake Forest, QEII, and the Palms, this home offers convenience and comfort. The unit title ensures ease of ownership, and the property's history of appreciation makes it a sound investment. The schools in the area, including Middleton Grange and Emmanuel Christian, are rated highly, promising a quality education for the family.

Whether you seek a starter home, a place to retire, or a smart investment, this property is a must-consider. Its solid construction, generous living spaces, and excellent school zoning make it a stand-out choice in the Burwood, Christchurch real estate market.

Updated on October 02, 2024