5/130 Tancred Street, Linwood, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 5/130 Tancred Street, Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The property features 2 bedrooms, 1 bathroom, and a single carpark, all set on a level contour with a floor area of 68 square meters and a land area of 66 square meters. Constructed with mixed materials for the walls and iron for the roof, this 2024-built home is in good condition both inside and out. The capital value as of August 2022 is $530,000, reflecting a promising investment opportunity.

History shows a consistent rise in value, with the latest sale on June 6, 2024, fetching $509,000. The HouGarden AVM estimates the property's worth at $515,000, indicating a stable growth trend. The capital value has seen a substantial increase over the years, making this property an attractive prospect for investors.

For families with children, the property falls within a desirable school zone. With excellent educational institutions and a high decile rating, this home offers more than just a comfortable living space.

Updated on August 01, 2024