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18/241 Lincoln Road, Addington, Christchurch, 2 Bedrooms, 1 Bathrooms, Townhouse

Sold: $560,000

Sold on 2024 Year 2024 Month 06 Day 13

18/241 Lincoln Road, Addington, Christchurch

2
1
77m2
86m2

Nestled in the vibrant heart of Addington, this 2-bedroom, 1-bathroom modern home with a single carpark is a prime example of contemporary living. Constructed in 2021 with concrete walls and an iron roof, both in good condition, this freehold property sits on a level contour, boasting a floor area of 77sqm and a land area of 86sqm. The property's capital value has seen a remarkable increase from $420,000 in 2019 to $610,000 in 2022, reflecting a growth rate of 45.24%. The latest sale was recorded at $560,000 in June 2024, with a HouGarden AVM estimate of $592,500.

With a CV increase that outpaces the market average, this property is not just a home but a sound investment. Its strategic location in a quiet cul-de-sac provides easy access to local amenities, popular shopping destinations like Tower Junction, and is in close proximity to Hagley Park and the Central City. The north-facing living space is bright and well-insulated, with a modern kitchen featuring top-of-the-line Fisher & Paykel appliances and premium finishes.

When it comes to education, the property falls within a highly sought-after school zone. It is served by top-rated schools such as Villa Maria College (Decile 9), Middleton Grange School (Decile 9), and St Thomas of Canterbury College (Decile 8), among others. This makes it an ideal choice for families with children of all ages.

Updated on August 07, 2024

Council Data

Last update : 2024 12 11
Improvement value$477,000Increased by 44% from year 2019
Land value$133,000Increased by 47% from year 2019
CV(Year 2022 Month 08)$610,000Increased by 45% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area86m²
Floor area77m²
Decade of construction2021
Title990632
Type of titleFreehold
Legal descriptionLOTS 18,21 DP 560808
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 21 DEPOSITED PLAN 560808,665m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Addington Te Kura Taumatua
0.87 km
Primary
1-6
Government
Co-Educational
EQI: 478
3
Wharenui School
1.31 km
Primary
1-8
Government
Co-Educational
EQI: 461
3
Te Puna Wai o Waipapa - Hagley College
1.39 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Hillmorton High School
1.97 km
Secondary
7-15
Government
Co-Educational
EQI: 476
4
Kirkwood Intermediate
2.41 km
Secondary
7-8
Government
Co-Educational
EQI: 439
7
Middleton Grange School
2.74 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
3.76 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
St Thomas of Canterbury College
4.39 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Christchurch Adventist School
5.03 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Medium Density
Land:86m²
Title:Freehold

Lincoln Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1-3/14 Whiteleigh Avenue, Addington
0.40 km
6
3
-m2
Year 2024 Month 10 Day 29
-
Council approved
10B Chatham Street, Addington
0.17 km
2
2
76m2
Year 2024 Month 10 Day 17
-
Council approved
10/55 Parade Court, Addington
0.20 km
2
1
-m2
Year 2024 Month 08 Day 13
-
Council approved
3/3 Meredith Street, Addington
0.20 km
3
1
-m2
Year 2024 Month 07 Day 25
-
Council approved
8 Kenilworth Street, Addington
0.25 km
3
2
-m2
Year 2024 Month 07 Day 03
-
Council approved

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