Nestled in the heart of Linwood, Christchurch, this 2-bedroom, 1-bathroom unit at 3/347 Armagh Street presents an alluring opportunity for both first-time buyers and shrewd investors. Constructed in 2007 with concrete walls and an iron roof, both in good condition, this Unit Title property offers a comfortable 100sqm floor area and a level contour. The property has seen a remarkable Capital Value increase of 42.86% from $280,000 in 2019 to $400,000 as of August 2022. The latest sales history shows a sale in 2020 for $272,000 and another in 2015 for $268,500, while the current HouGarden AVM estimates the value at $392,500.
For families with children, the property falls within the zone of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Hagley Community College (Decile 6), among others. The convenient location not only provides easy access to quality education but also to the vibrant city life, with a plethora of cafes, restaurants, and shops within walking distance.
Boasting a sunlit open-plan living area with a heat pump and double-glazed windows, this home ensures comfort throughout the year. The upstairs features two bedrooms and a modern bathroom, while the private, fenced patio and secure off-street parking with a single garage add to the appeal. Don't miss your chance to own this rare gem in the city center!
Updated on August 23, 2024