405 Avonhead Road, Avonhead, Christchurch

Nestled in the serene cul-de-sac of 405 Avonhead Road, this freehold property boasts a generous floor area of 160 square meters on a sprawling 523 square meter section. Constructed in 1982 with roughcast walls and tiled roofing, the 3-bedroom, 2-bathroom home with 2 car parks has been maintained in good condition. The capital value has seen a rapid increase of 38.46% from $520,000 in 2019 to the current $720,000 as of 2022. The property's HouGarden AVM stands at $670,000, while the latest sale history includes transactions of $470,000 in 2013 and $400,000 in 2009.

For families with educational considerations, the property falls within the zones of esteemed schools such as Burnside High School and Merrin School, both with a decile rating of 8, as well as the higher-rated Villa Maria College at decile 9 and Middleton Grange School at decile 9 for older students. This makes it an ideal investment for those valuing education and convenience.

With its spacious layout, architectural features, and a sunny conservatory opening to a large deck and established garden, this property offers both comfort and potential for further capital gains. Its prime location opposite Burnside Park and proximity to amenities, transport, and recreational spaces make it a haven for families and a wise choice for investors.

Updated on May 20, 2024