3/351 Worcester Street, Linwood, Christchurch

Nestled in a serene cul-de-sac at 3/351 Worcester Street, Linwood, Christchurch, this well-maintained 2-bedroom, 1-bathroom unit with a single carpark is a gem on a cross-lease title. Constructed in 1960, the property boasts concrete walls in average condition and a good-quality tiled roof. Spacious at 80 square meters, it features a modern kitchen and dining area, two bedrooms with built-in wardrobes, a separate lounge with a heat pump, and an updated bathroom. The property enjoys an excellent indoor-outdoor flow, leading to a large decking area - perfect for relaxation. Its central location offers a short drive to the Eastgate Mall, Linwood Park, and the city center, with easy access to a variety of schools, restaurants, and amenities.

With a capital value of $380,000 as of August 2022, this property has shown a remarkable CV increase of 58.33% since August 2019. The HouGarden AVM estimates the property at $372,500, while the latest sale history includes transactions at $246,000 in 2016 and $178,000 in 2014. This unit presents a solid investment opportunity with potential for further growth.

For families with children, the property falls within the catchment area of several esteemed schools. Middleton Grange School (Years 11-13) and Marian College, both with high decile ratings of 9 and 8 respectively, are among the notable institutions in the zone. Other schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (decile 3), Hagley Community College (decile 6), and Te Aratai College (Year 7&8) with a decile rating of 3.

Updated on August 23, 2024