Nestled in the serene Rudds Road of Linwood, Christchurch, this freehold property on a spacious 799m2 corner site is a gem waiting to be polished. Constructed in 1960 with brick walls and tiled roof, the dwelling boasts three bedrooms, a single carpark, and a generous floor area of 114m2. The property, with an average wall and roof condition, presents a unique opportunity for investors and developers alike.
With a current Capital Value (CV) of $550,000, this property has seen a remarkable increase of 59.42% since 2019. The HouGarden AVM estimates the value at $552,500, while the latest sale history shows a sale price of $468,000 in 2024 and $225,000 in 2006. This is a property where potential meets opportunity, ready to be transformed into a golden investment.
For families with school-aged children, this property falls within the decile 9 Middleton Grange School zone, along with other well-regarded institutions such as Hillview Christian School (decile 7) and Marian College (decile 8). The educational opportunities are vast, making this property not just a home but a foundation for a bright future.
Updated on October 02, 2024