39 Lake Terrace Road, Burwood, Christchurch

Located at 39 Lake Terrace Road, Burwood, Christchurch, this residential dwelling built in the 1960s offers a blend of warmth and comfort with its vintage brick facade and soft color palette. The property features three well-proportioned bedrooms, a spacious lounge, and a kitchen and dining area that serves as a great social space. It is equipped with two heat pumps, ensuring comfortable living throughout the year. The house sits on a level, fully fenced freehold section of 607m2, complete with a separate double garage and additional off-street parking. The property's floor area is 112m2, with roof and wall constructions made of iron and brick, respectively, both in average condition.

Over the years, the capital value of this property has seen a significant increase, from $400,000 in August 2019 to $580,000 in August 2022, marking a 45% growth. The latest sale recorded was on January 7, 2024, for $598,000, following a previous sale on January 3, 2021, for $481,000. The HouGarden AVM estimates the property's value at $552,500.

This property is located in a prime area for education, being in the school zones for Waitakiri Primary and Chisnallwood Intermediate, both with a decile rating of 8. It is also zoned for Avonside Girls' High School and Shirley Boys' High School, each with a decile rating of 6. Other nearby educational institutions include Middleton Grange School, Emmanuel Christian School, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, offering a range of options for families.

Updated on April 06, 2024.