1/34 Appleby Crescent, Burnside, Christchurch

Nestled in the esteemed Burnside suburb, this charming 3-bedroom, 1-bathroom dwelling with 2 car parks is a standalone townhouse built in 1960. The residence boasts concrete walls, tiled roofing, and an average condition throughout. It sits on a level contour with a floor area of 99 square meters. The property is held under a Cross-Lease title, ensuring privacy and convenience. Notably, the capital value has surged by 52.63% from $380,000 in 2019 to the current $580,000 in 2022, with a HouGarden AVM estimate of $572,500. The latest sale history includes a transaction in 2024 for $564,000, a significant increase from the 2008 sale price of $275,000.

For families with school-aged children, the property falls within a highly sought-after school zone. It is served by Te Ara Maurea Roydvale School, a contributing school with a decile rating of 10, and Burnside High School, a secondary school with a decile rating of 8, among several other well-rated educational institutions.

With its prime location, attractive CV growth, and access to top-notch schools, this property presents a compelling opportunity for both homeowners and investors.

Updated on November 13, 2024