7/506 Armagh Street, Linwood, Christchurch

Nestled in a serene cul-de-sac at 7/506 Armagh Street, Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The modern 112sqm floor area is complemented by a well-maintained mixed materials exterior and a robust iron roof. The property, built in 2024, stands on a level 156sqm section with a single carpark. It features 3 bedrooms and is valued at $640,000 according to the latest government valuation, reflecting a strong capital value growth potential.

History shows a consistent rise in value, with the HouGarden AVM estimating the property at $612,500. The latest sale on September 8, 2024, was for $615,000, indicating a healthy market interest and a capital value increase percentage that is sure to impress investors.

For families, the property falls within a desirable school zone. With top-notch educational facilities and a high decile rating, the nearby schools are a significant draw for those seeking quality education for their children.

Updated on October 23, 2024