Nestled in the serene Worcester Street of Linwood, Christchurch, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for homeowners. Constructed in 2005 with a robust brick exterior and an iron roof, this Unit Title property boasts a floor area of 80 square meters and is situated on a level contour. The well-maintained unit features an open-plan kitchen, living, and dining area, complemented by ranch sliders that open to a charming, low-maintenance garden. Double glazing and a heat pump ensure year-round comfort, while the internal access single garage with an automatic door adds convenience. Notably, the property's Capital Value (CV) has seen a 50% increase from $300,000 in 2019 to $450,000 as of August 2022. The HouGarden AVM estimates the property at $412,500, and the latest sale was recorded at $289,000 in 2019. This unit is in a prime location, minutes away from Eastgate Mall and within a desirable school zone.
Government valuations reflect a promising investment, with a CV growth rate that outpaces the market. The property's latest sale history and AVM provide a solid foundation for its value. This is a unit that offers both comfort and potential for further appreciation.
For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the many excellent educational institutions in the vicinity. 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, decile 3) are among the schools that serve the community. This unit is not just a home but an investment in a promising future.
Updated on December 03, 2024