262 Burwood Road, Burwood, Christchurch

Nestled in the serene Burwood, this residential dwelling at 262 Burwood Road boasts a freehold title and a generous land area of 614sqm. Constructed in 1950 with roughcast walls and tiled roofing, the property stands firm with good wall and roof conditions. It features 3 bedrooms, 2 carparks, and a floor area of 110sqm. The capital value has seen a dramatic increase of 62.86% from $350,000 in 2019 to $570,000 as of 2022, showcasing a promising investment opportunity. The property is situated in a prime location, just minutes from malls and the city center, with Burwood Hospital nearby and the popular Burwood Shops across the road.

As for the valuation, the HouGarden AVM estimates the property at $552,500, while the latest sale records from 2004 and 2003 indicate a growth trend. This property is perfect for those seeking potential, with options to revitalize or rebuild on the corner site.

For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School, Emmanuel Christian School, and Waitakiri Primary School are among the top choices, each with a high decile rating. Other educational institutions in the vicinity include Shirley Boys' High School, Avonside Girls' High School, and Chisnallwood Intermediate, offering a range of educational options for different age groups.

Updated on July 18, 2024