8/443 Hereford Street, Linwood, Christchurch

Nestled in the heart of Linwood, Christchurch, is a charming 2-bedroom, 2-bathroom townhouse with a Freehold title at 8/443 Hereford Street. Constructed in 2005 with solid brick walls and an iron roof in good condition, this property sits on a level contour with a floor area of 108sqm and a land area of 81sqm. It boasts a modern open plan kitchen and living area, a sunny balcony for entertainment, and a private courtyard with a garden. The property includes a double garage, off-street parking, and both bedrooms feature ensuites. Notably, the Capital Value has surged by 45.31% from $320,000 in 2019 to $465,000 in 2022. The HouGarden AVM estimates it at $432,500, while the latest sale was for $480,000 in April 2022. This property is in a sought-after school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) among the highly rated institutions in the area.

For investors, the property presents a golden opportunity with a CV increase that outpaces the market average. The latest sale history and the AVM reflect a consistent growth trend, making it an attractive prospect for first home buyers or as a rental investment. Its convenient location, close to the city center, public transport, and amenities, further enhances its appeal.

Educationally, the property falls within a zone that includes top-performing schools like Hillview Christian School (Decile 7) and Hagley Community College (Decile 6), ensuring access to quality education for families. This townhouse is a must-see for those seeking a comfortable, convenient, and investment-wise home in a prime school district.

Updated on July 08, 2024