171 Grahams Road, Burnside, Christchurch

Nestled in the serene cul-de-sac of 171 Grahams Road, Burnside, Christchurch, this freehold property is a residential haven on a levelled 713sqm section. Constructed in 1950 with concrete walls and tiled roof, the home boasts an average condition both inside and out. It features four bedrooms, a bathroom, and a carpark, with a floor area of 122sqm. The capital value has seen a remarkable increase from $430,000 in 2019 to $650,000 in 2022, reflecting a growth rate of 51.16%. The property's potential is further highlighted by itsHouGarden AVM of $632,500 and a latest sale history of $582,000 in 2024, following a previous sale of $139,000 in 2000.

For families with a focus on education, this property is zoned for the cream of the crop in schooling. Te Ara Maurea Roydvale School and Burnside High School, both with high decile ratings, are within easy reach, as are Cobham Intermediate and several other well-regarded institutions. This prime location not only offers access to exceptional education but also to the nearby Burnside Park and Jellie Park, providing abundant recreational opportunities.

With its excellent schools, convenient location, and vast potential for renovation or redevelopment, this property is a golden opportunity for those with a vision for the future.

Updated on August 01, 2024