Nestled in a serene cul-de-sac at 4/388 Hereford Street, Linwood, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with a durable iron roof and roughcast walls in good condition, the 71 square meter floor area is set on a level 175 square meter freehold section. The property, built in 2024, presents an appealing opportunity for potential buyers.
As per the latest valuation records, the capital value has shown a promising increase, with the government valuation standing at $550,000 as of August 2022. The HouGarden AVM estimates the property's worth at $505,000, while the most recent sale on October 29, 2024, was concluded at $539,000, indicating a healthy growth percentage in capital value.
For families with children, the property falls within a desirable school zone. With a decile rating that reflects a high standard of education, the local schools are well-regarded, making this property an even more attractive prospect for those seeking a quality education for their children.
Updated on December 04, 2024