Embrace the charm of this distinctive 1-bedroom residence nestled in a tranquil cul-de-sac of Linwood, Christchurch. This cross-lease property, built in 1960 with robust concrete walls and iron roofing, presents a maintenance-free lifestyle with its good condition exterior and roof. It boasts a floor area of 40 square meters, a single carpark, and a private courtyard, ideal for a modern, cozy living or home office setup. Notably, the property has seen a remarkable Capital Value increase of 76.47%, from $170,000 in August 2019 to $300,000 in August 2022, reflecting its growing investment potential. The latest sale history also showcases a surge, with a transaction of $352,000 in July 2024, following $239,000 in May 2020. HouGarden AVM estimates the property's worth at $295,000, making it an attractive opportunity for buyers.
For families, the property falls within a highly regarded school zone. Middleton Grange School, a composite institution with a decile rating of 9, is among the many excellent educational facilities in the area. Other schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and the well-established Hagley Community College (decile 6). These institutions offer a diverse range of educational options for children of all ages.
Centrally located and rich with amenities, this property is perfect for those seeking a blend of convenience, comfort, and quality education. Don't miss the chance to turn this centrally located gem into your personal haven.
Updated on August 14, 2024