3/15 Burns Street, Sydenham, Christchurch

Located at 3/15 Burns Street, Sydenham, Christchurch, this unattached unit is a gem in the residential category of ownership home units. Built in 1975, it features 1 bedroom, 1 bathroom, and 1 carpark, with a floor area of 50 square meters. The property boasts concrete walls in good condition, a tiled roof also in good condition, and is situated on a level contour. It operates under a Cross-Lease ownership type, making it a unique find in today's market.

The property has seen a significant increase in capital value, from $250,000 in August 2019 to $335,000 in August 2022, marking a 34% growth. The latest sale recorded was on December 14, 2023, for $340,000, up from $155,000 back in August 2007. The HouGarden AVM estimates the property's value at $325,000, highlighting its steady appreciation over the years.

In terms of education, the property is zoned for several high-decile schools, including Middleton Grange School (decile 9), Christchurch South Karamata Intermediate (decile 8), and Cashmere High School (decile 9). It also falls within the zones for Addington School (decile 3), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8), offering a wide range of educational options for families.

Updated on April 06, 2024.