23 Lake Terrace Road, Burwood, Christchurch

Discover the ultimate family home at 23 Lake Terrace Road, Burwood, Christchurch, a residence that perfectly combines modern living with a warm, inviting atmosphere. This property, built in 1940, features four bedrooms, a spacious floor area of 131 square meters, and sits on a generous land area of 878 square meters. The freehold property boasts brick walls and tile roofing, both in average condition, and offers a level property contour. With one carpark available, this residential dwelling is designed for convenience and comfort.

Since 2019, the capital value of this property has seen a remarkable increase of 49.37%, growing from $395,000 to $590,000 by 2022. The latest sale in October 2023 recorded a price of $500,000, demonstrating the property's consistent appeal in the market. The HouGarden AVM estimates the property's value at $562,500, highlighting its potential as a valuable investment.

Located in a prime area, this home falls within the zones of several prestigious schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) with a decile of 8, and Waitakiri Primary School (Contributing) also with a decile of 8. Other notable schools in the vicinity include Shirley Boys' High School, Avonside Girls' High School, Chisnallwood Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, offering a range of educational options for families. This property is not just a home but a gateway to top-notch education for your loved ones.

Updated on April 05, 2024.