Nestled on a serene cul-de-sac at 355 Cashel Street, Linwood, Christchurch, this charming freehold property built in 1930 boasts 5 bedrooms, 2 bathrooms, and 2 car parks. The 150sqm floor area is complemented by a spacious 509sqm land area, featuring wood exterior walls in good condition and a robust tile roof. The property's capital value has seen a remarkable increase from $385,000 in 2019 to $870,000 in 2022, a growth rate of 1.26%. The latest sale history includes a transaction at $762,000 in 2021 and $349,500 in 2013.
With a current HouGarden AVM of $835,000, this property is not only an attractive investment but also a perfect family home, located within the proximity of esteemed schools such as Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Hagley Community College (Decile 6), among others. The property's convenient access to educational institutions adds significant value to its already impressive CV.
For those seeking a combination of classic character and modern comfort, this property offers an open plan living/dining area, a expansive deck for entertainment, and a centralized heat pump system for year-round comfort. With potential for various uses, including investment, office space, or home business, this property presents an opportunity not to be missed.
Updated on April 11, 2024