Nestled in a serene cul-de-sac at 5/15 Jollie Street, Linwood, Christchurch, this contemporary 2-bedroom, 1-bathroom home with a single internal access garage and off-street parking is a gem for those seeking both comfort and style. Constructed with mixed materials and an iron roof, this 100sqm floor area, freehold property sits on a level 121sqm section and is in a good condition both inside and out. The capital value has shown a promising increase, reaching $620,000 as of August 2022, a significant leap from the latest sale price of $550,000 in January 2023. The property's estimated value according to HouGarden AVM is $622,500, indicating a potential growth opportunity for investors.
With a government valuation that has been on the rise, and a recent sale history that speaks of a dynamic market, this property offers a capital value growth percentage that's not to be overlooked. The combination of a well-maintained building, constructed in 2023, and a sought-after location, makes it an attractive prospect for both homeowners and investors.
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 educational institutions in the zone. Linwood Avenue School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College all contribute to a diverse and highly rated educational network. This home is not just a place to live, but an investment in a bright future.
Updated on September 11, 2024