2/267 Woodham Road, Linwood, Christchurch

Nestled in a serene cul-de-sac at 2/267 Woodham Road, Linwood, Christchurch, this 2-bedroom, 1-bathroom residential unit is a gem on offer. Constructed in 1971 with iron roofing and concrete walls, it sits on a level contour with an average condition. The property is a cross-lease ownership with a floor area of 90 square meters and a single carpark. Notably, the capital value has seen a significant increase of 40.43% from $235,000 in August 2019 to $330,000 in August 2022. The HouGarden AVM estimates it at $335,000, while the latest sale was recorded at $86,000 in August 2019.

For investors, the property's potential is further enhanced by its attractive government valuation history and a recent AVM estimate. It's a perfect opportunity for those seeking a flip or a long-term investment in a property with a proven track record of value appreciation.

As for the school zone, the area is served by several reputable institutions. Middleton Grange School, a composite school with a decile rating of 9, is one of the highlights. Other schools include Hillview Christian School (decile 7), Linwood North School (decile 2), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8) with a decile rating of 3. This property is not just a home; it's an investment in a promising future.

Updated on September 12, 2024