Nestled in a serene cul-de-sac at 8/126 Nursery Road, Linwood, Christchurch, this inviting one-bedroom apartment with a full bathroom and a capacious floor area of 53 square meters is a perfect blend of modern convenience and tranquility. Constructed in 2012 with robust concrete walls and a durable iron roof, both in excellent condition, this unit title property is a gem for those seeking a worry-free lifestyle. The property's capital value has seen a significant increase from $245,000 in 2019 to $280,000 as of August 2022, reflecting a growth rate of 14.29%. This is further supported by the HouGarden AVM estimate of $260,000, and recent sale history with the latest transaction at $280,000 in May 2024.
For investors and families alike, the property's location within the catchment area of several reputable schools is a significant plus. Middleton Grange School, a composite institution with a decile rating of 9, is one among many excellent educational facilities in the zone. Other schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8), catering to diverse educational needs and age groups.
With a 'lock up and leave' design, this residence not only offers a secure gated community but also easy access to the city center, making it an ideal choice for urbanites who value convenience and peace of mind. Whether you're a first-time buyer or a seasoned investor, this property presents a golden opportunity to enter the property market with style and security.
Updated on June 05, 2024