18/241 Lincoln Road, Addington, Christchurch

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