Nestled in the serene Lyndon Street of Riccarton, Christchurch, this 83sqm, 2-bedroom, 1-bathroom townhouse with a single carpark, presents an attractive opportunity on a Freehold title. Constructed in 2004 with robust Brick walls and an Iron roof in good condition, the property sits on a level 206sqm section. The Capital Value (CV) has seen a significant increase from $370,000 in 2019 to $560,000 in 2022, reflecting a growth of 51.36%. The modern interior boasts an open-plan living area and a private, sunny courtyard, while practical amenities like a heat pump and fibre internet connection add to the appeal.
With a HouGarden AVM of $552,500 and a latest sale history in 2007 at $280,000, this property is not just a home but a sound investment. The CV growth trajectory and the convenient, quiet cul-de-sac location make it an ideal choice for first home buyers, investors, or downsizers. The property is zoned for top-rated schools, including Christchurch Boys' and Girls' High Schools, with the latter being a decile 9 school, ensuring quality education for the family.
Located within walking distance to Riccarton Mall and a multitude of eateries, this property offers the best of both worlds - tranquility and convenience. Currently vacant, this townhouse awaits a new owner to transform it into a warm, inviting home.
Updated on November 04, 2024