1/102 Roydvale Avenue, Burnside, Christchurch

Nestled in the serene cul-de-sac of Roydvale Avenue, this 1973-built townhouse with a concrete exterior and tiled roof presents an attractive opportunity for both homeowners and investors. Offering 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 100 square meters, this cross-lease property is not only well-maintained but also conveniently located. The capital value has seen a significant increase from $370,000 in 2019 to $510,000 in 2022, reflecting a growth rate of 37.84%. The property is estimated at $475,000 by HouGarden AVM, with the latest sale recorded at $492,500 in 2024, a substantial rise from the previous sale of $262,000 in 2007.

For families with school-aged children, the property falls within the highly sought-after Burnside High School zone, along with several other well-rated schools such as Te Ara Maurea Roydvale School (Decile 10) and Breens Intermediate (Decile 7). The Burnside High School's Decile rating of 8, along with other nearby educational institutions, ensures a quality education for your children.

With buses accessible right at the gate and a short walk to Roydvale Primary, this property is not only convenient but also presents an affordable entry point into the property market.

Updated on July 03, 2024