Nestled in a quiet cul-de-sac, this delightful 2-bedroom, 1-bathroom unit with a single carpark boasts a floor area of 80 square meters. Constructed in 1974 with concrete walls and tiled roofing, this cross-lease property is in good condition both inside and out. The current government valuation reflects a significant increase, rising from $240,000 in August 2019 to $380,000 in August 2022, indicating a growth rate of 58.33%. The property is situated at 3/547 Hereford Street, Linwood, Christchurch, and is categorised as a residential ownership home unit.
With a HouGarden AVM of $372,500 and a latest sale price of $400,000 in May 2024, this property presents a promising investment. The previous sale was recorded at $210,000 in August 2015. The unit is equipped with a heat pump and whiteware, including a fridge, washing machine, and dryer, making it a low-maintenance option for potential buyers.
For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and more. This sunny flat with a single garage is an ideal choice for those seeking comfort and convenience in a prime educational zone.
Updated on July 26, 2024