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Back 1/400 Memorial Avenue
Off Market

1/400 Memorial Avenue

Burnside Canterbury

2
1
1
Unit
James MullinsJames Mullins, last sold this property on 05 August 2025 after 110 days on market.

Overview

Investor Ready - Reliable Burnside Rental

Located in the heart of Burnside, this sunny two bedroom unit presents a smart investment opportunity with a fixed term tenancy in place until July 2026, offering immediate rental income and long term potential. A historic EQC payout for cosmetic damage will be transferred to the new owner at settlement, adding further value to your investment. Positioned at the front of two, the unit is warm and inviting, featuring a light filled living area with large picture windows, a practical kitchen and dining space, and near new carpet throughout. Both bedrooms are generously sized, featuring double wardrobes, and are complemented by a bathroom with a shower over the bath, a separate toilet, and a dedicated laundry area. An internal access single garage completes the package. Fully compliant with Healthy Homes standards, the property has served as a reliable rental for many years. While it retains its original charm, there is scope to modernise and add value over time. Local Highlights: Education: Zoned for Burnside High, Cobham Intermediate, and Burnside Primary Amenities: Close to Jellie Park, Burnside Park, local cafes and shops Transport: Convenient access to public transport and major routes This is a rare chance to secure a tenanted property in a high demand area with strong rental appeal. Whether you're expanding your portfolio or entering the investment market, this unit is ready to deliver. Contact us today to arrange your viewing and secure this solid investment. ASKING PRICE $485,000 TO DOWNLOAD THE PROPERTY FILES PLEASE COPY AND PASTE THIS LINK: https://www.propertyfiles.co.nz/property/893650005 Disclaimer: Please be aware that this information has been sourced from third parties. View our property information disclaimer here: https://fnproperty.co.nz/disclaimer/

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Burnside over the last 12 months, the estimated median property value of 1/400 Memorial Avenue is $496.75k.

Median value
$496.75k
Estimated value range
$467k - $800k
Median days on market
27
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Burnside. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/400 Memorial Avenue

2025
Sold
Undisclosed
05 Aug 2025 by James Mullins, of First National Progressive Christchurch

Happy sellers in Burnside

80%
80% of sellers in Burnside reported that their sale price either exceeded or met their price expectations.

Burnside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 64 reviews in Burnside over the last 12 months.

Local market activity for 2 bedroom units in Burnside

In the last 12 months, 4 two-bedroom units similar to 1/400 Memorial Avenue, have been sold.

This represents a 400% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

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Lin Ma

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Courtney Pero

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Zani Polson

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Thomas Knight

Sellers who recommend Thomas Knight have praised them for being clear communication, local expert, well-prepared, responsive, strategic, pleasant and friendly

  •   5   (96 reviews)
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