Nestled in the serene cul-de-sac of 1/9 Nicholas Drive, Linwood, Christchurch, this residential dwelling on a cross-lease title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1940 with roughcast walls and a fibrous cement roof, both in average condition, the property sits on a level contour with a floor area of 83 square meters. The capital value has seen a substantial increase from $280,000 in 2019 to $455,000 in 2022, reflecting a growth of 62.5%. The house, with a cozy living room equipped with a heat pump and a combined kitchen-dining area, is perfect for a starter family. It's located in a prime school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) among the notable institutions. The property's HouGarden AVM is valued at $450,000, and the latest sale history includes transactions in 2014 for $220,000 and in 2010 for $179,500.
This home not only promises comfort with its freshly painted interior and exterior but also convenience with its proximity to local amenities, parks, sports grounds, and public transport. It's an ideal opportunity for first home buyers looking to settle in a desirable location with excellent school options.
With a reserve outlook and easy-care, fully fenced section, this property is suitable for young families or pet owners. Don't miss the chance to transform this house into your own haven.
Updated on November 07, 2024