Nestled in the serene cul-de-sac of 168 Grahams Road, Burnside, Christchurch, this charming residence boasts a freehold title and a generous land area of 627sqm. Constructed in 1950 with concrete walls and tiled roofing, the property offers 3 bedrooms, a spacious open-plan living area, and a well-appointed bathroom with separate bath and shower facilities. The property also features a double garage with a workshop, a recently refreshed interior with new carpeting, and a private courtyard with established gardens. The capital value has seen a remarkable increase of 52.81% from $445,000 in 2019 to $680,000 as of 2022, while the HouGarden AVM estimates it at $650,000. This prime location is zoned for top-rated schools such as Burnside High School, Cobham Intermediate, and Burnside Primary School, ensuring an excellent education for the family.
With a CV growth rate that outpaces the market average, this property presents a solid investment opportunity. The recent sale history and AVM reflect the property's desirability in a sought-after neighborhood. It's a perfect blend of comfort, potential, and convenience, making it an ideal choice for both first-time homebuyers and families looking to settle in a prestigious school zone.
Education takes center stage with the property being in the catchment area of esteemed schools. Burnside High School, with a decile rating of 8, is known for its academic excellence, while Cobham Intermediate and Burnside Primary School also offer quality education. The proximity to these institutions adds significant value to the property, ensuring a bright future for the young ones.
Updated on April 18, 2024