Nestled in a tranquil cul-de-sac at 2/158 Mcgregors Road, Linwood, Christchurch, this residential ownership home unit boasts a thoughtful layout and spacious living. Constructed in 1960 with concrete walls and an iron roof, both in good condition, the property offers 3 bedrooms, a full bathroom, and a single carpark. The cross-lease title adds to the affordability of this already attractive home, which has seen a significant Capital Value (CV) increase of 45.28% from $265,000 in 2019 to $385,000 in 2022.
With a HouGarden AVM of $382,500 and a latest sale price of $400,000 in March 2022, this property presents a sound investment. The CV growth and sale history reflect the increasing desirability of the area. The converted garage, extra room, and private garden with a shed provide additional space and potential.
For families, the property falls within the catchment of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), ensuring access to quality education. Close to both the CBD and the beach, this home offers convenience and comfort, making it an ideal choice for those seeking more than what meets the eye.
Updated on November 14, 2024