12 Westburn Terrace, Burnside, Christchurch

Nestled in the esteemed Westburn Terrace of Burnside, Christchurch, this 127sqm residential dwelling from 1950 boasts 4 bedrooms and 2 carparks. The charming exterior is characterized by solid brick walls and a tiled roof, both in average condition. The property sits on a level contour and is held under a Cross-Lease title. Inside, a large kitchen with a central island and a generous living space await, alongside a separate bathroom, toilet, and a spacious laundry.

As for the investment perspective, the property has seen a CV increase of 47.06% from $510,000 in 2019 to $750,000 in 2022. The HouGarden AVM estimates the value at $755,000, with the latest sales in 2020 and 2018 being $545,000 and $517,500 respectively. Clearly, this is a property where capital value growth is not just a possibility but a consistent reality.

For families with educational priorities, this home is zoned for the highly regarded Burnside High School (Decile 8) and Westburn School (Decile 9), among others. The location provides easy access to the University of Canterbury, making it an ideal choice for those seeking an educated investment. Whether you are looking for a move-in ready home or an opportunity to add value in a prime location, this property offers a plethora of options.

Updated on September 11, 2024