Nestled in the desirable Trinity Terraces, this contemporary 3-bedroom, 1-bathroom unit with a single car park presents an ideal opportunity for investors or first-home buyers. Constructed in 2018 with a mix of materials for the walls, an iron roof, and a level contour, this unit title property at 1/116 Stanmore Road, Linwood, Christchurch, offers easy access to local amenities and public transport. The property has seen a significant increase in Capital Value (CV), rising from $390,000 in August 2019 to $470,000 in August 2022, indicating a growth of 20.5%. The latest sales history shows transactions at $380,000 in May 2020 and $390,000 in April 2018. HouGarden's AVM also reflects a valuation of $470,000. This well-maintained unit features modern living spaces across three levels, a covered car park, a small courtyard, and balconies off the living area and main bedroom.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Hagley Community College (Decile 6), among others. This educational advantage adds significant value to the property, making it an even more attractive investment.
With its prime location, low-maintenance living, and promising CV growth, this unit is not just a super starter on Stanmore but a smart choice for any buyer looking to enter the property market.
Updated on September 06, 2024