Nestled in the serene Burnside neighborhood of Christchurch, 2 Guildford Street presents a charming residential dwelling on a cross-lease title. This well-maintained, 1990-built home boasts two bedrooms, a single carpark, and a floor area of 119 square meters. The Iron roof and Brick walls are in good condition, sheltering a layout that promotes excellent indoor-outdoor flow. Currently valued at $580,000 by the government, the property has seen a remarkable CV increase of 54.67% since 2019, reflecting its escalating capital value.
With a HouGarden AVM of $537,500 and a recent sale history of $550,000 in 2024, this property offers an attractive investment opportunity. The CV growth and sales history underscore the desirability of the location. The latest sale figure is a testament to the property's appeal, selling below its government valuation, presenting a potential gain for the discerning buyer.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Burnside High School (decile 8), Cobham Intermediate (decile 8), and Burnside Primary School (decile 4), among others. The proximity to these educational institutions, coupled with the property's convenient location near Ilam's amenities and public transport, makes it an ideal choice for those seeking a balanced lifestyle with easy access to everything on their doorstep.
Updated on May 08, 2024