468 Wairakei Road, Burnside, Christchurch

Nestled in the serene cul-de-sac of 1/468 Wairakei Road, Burnside, Christchurch, this 4-bedroom, 1-carpark home built in 1970 boasts an ownership type of Cross-Lease. Constructed with durable concrete walls and Iron roofing, the property sits on a level contour with an average condition for both walls and roof. Spacious with a floor area of 140 square meters, it presents a neutral interior, ready for modern updates. The heating is efficiently managed with a heat pump, complemented by a log burner for cozy winter nights. The property's Capital Value (CV) has seen a remarkable increase of 36%, from $375,000 in 2019 to $510,000 as of 2022. HouGarden's AVM estimates the property at $515,000, while the latest sale history shows a transaction at $528,500, indicating a healthy growth in property value. This residence is not only a comfortable family home but also an attractive investment opportunity.

With a rich educational background, the property falls within the zones of highly esteemed schools such as Te Ara Maurea Roydvale School (Decile 10), Breens Intermediate (Decile 7), and Burnside High School (Decile 8), ensuring a quality education for the family. Other nearby schools include Cobham Intermediate, Christ the King School, St Patrick's School, and more, all within easy reach.

Located conveniently close to amenities, parks, and a short drive to the Christchurch Airport, this property offers an ideal living environment. Whether you're a first-time buyer or an investor, this property's promising potential and strategic location are set to appeal to a wide range of buyers.

Updated on September 18, 2024