7/78 Lincoln Road, Hillmorton, Christchurch

Nestled in a serene cul-de-sac at 7/78 Lincoln Road, Hillmorton, Christchurch, this residential unit boasts a 2-bedroom, 1-bathroom layout with a single carpark. Constructed in 1986 with concrete walls and tiled roofing, the property stands firm with a good wall and roof condition. It offers a levelled contour and a floor area of 82 square meters, perfect for low-maintenance living. The unit title ownership adds to the ease of this dwelling, which has seen a significant Capital Value (CV) increase from $340,000 in 2019 to $450,000 in 2022, marking a 32.35% growth.

With a HouGarden AVM of $417,500 and a latest sale record of $520,000 in 2024, this property presents a sound investment opportunity. The history of the property shows it has been a stable rental for 16 years, making it an ideal choice for both first-home buyers and savvy investors. The property's CV growth and latest sale price reflect its desirability and potential for further value appreciation.

For families with school-aged children, the property falls within the zone of several reputable schools. These include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), and more. The variety of educational institutions ensures a range of schooling options for different needs and preferences.

Updated on May 08, 2024