Nestled in a serene cul-de-sac at 1/364 Worcester Street, Linwood, Christchurch, this residential ownership home unit boasts a tiles roof and concrete walls. Built in 1970, the property features three bedrooms, one bathroom, a single carpark, and a level contour. The current Capital Value (CV) stands at $375,000, a significant increase of 70.45% from $220,000 in 2019. The property is on a cross-lease title and offers a floor area of 70 square meters.
With a HouGarden AVM of $342,500 and a latest sale history of $355,000 in 2021, this property presents a compelling investment opportunity. The CV growth and sale history reflect a promising trend for potential buyers. The property's convenient location near Christchurch's Four Avenues and the central city adds to its allure.
For families with children, the property falls within the zones of several reputable schools. Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8) are among the notable institutions. This combination of location, property value growth, and educational opportunities makes it an attractive prospect for both homeowners and investors.
Updated on December 17, 2024