Nestled in a serene cul-de-sac on Linwood Avenue, Christchurch, this 2-bedroom, 1-bathroom townhouse with a single carpark is a prime example of modern living. Constructed in 2022 with mixed materials for the walls and iron for the roof, this freehold property sits on a levelled 164sqm land area and boasts a floor area of 74sqm. The capital value has seen a staggering increase of 71.43% from $350,000 in 2019 to $600,000 in 2022. The property, featuring a heat pump, Bosch appliances, and stone benchtops, is estimated at $592,500 by HouGarden AVM, with the latest sale recorded at $475,000 in March 2021.
With a MasterBuild Guarantee available for transfer, this property is not just a home but an investment. The government valuation history and rapid CV increase reflect the area's growing popularity and potential. The townhouse is mere minutes from the city center and the upcoming Te Kaha Stadium, offering the best of both worlds.
For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Linwood North School (Decile 2), among others. This combination of location, quality construction, and educational opportunities makes it an attractive proposition for any buyer.
Updated on November 21, 2024