5/128 Tancred Street, Linwood, Christchurch

Nestled in a serene cul-de-sac at 5/128 Tancred Street, Linwood, Christchurch, this residential ownership home unit boasts a modern construction, built in 2020 with mixed materials for the walls and iron for the roof. It is a freehold property, featuring 2 bedrooms, 1 bathroom, a single carpark, a floor area of 73 square meters, and a land area of 78 square meters. Both the walls and the roof are in good condition, sitting on a level contour, making it an ideal and well-maintained property.

As for the property's financials, the capital value as of August 2022 was $530,000, and it has shown a significant increase with the latest sale on February 21, 2024, fetching $549,000. This reflects a substantial growth percentage, further validated by the HouGarden AVM estimates that indicate a promising investment prospect for potential buyers.

For families with children, the property falls within a desirable school zone. The local schools have a favorable decile rating, ensuring a quality education for your children. This aspect adds significant value to the property, making it an attractive option for both investors and families.

Updated on April 17, 2024