Located at 111 Buckleys Road, Linwood, Christchurch, this residential dwelling boasts 4 bedrooms, 1 bathroom, and 2 car parks, covering a floor area of 114 square meters on a 508 square meter freehold land. Constructed in 1930, the property features wooden walls in good condition and an iron roof in average condition. The level contour of the property adds to its appeal, making it an ideal site for a new home or investment build, especially given its North facing aspect and proximity to Eastgate Shopping Centre.
The property has seen a significant increase in capital value, from $180,000 in August 2018 to $510,000 in August 2022, marking an impressive 183.33% growth. The latest sale recorded on January 26, 2024, was at $530,000, up from $161,000 in August 2015. The HouGarden AVM estimates the property's value at $500,000, highlighting its potential as a lucrative investment.
Situated in a strategic location, the property falls within the zones of several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with deciles of 7 and 5 respectively, among others. This makes it an attractive option for families looking for quality education options. The land is zoned TC2, offering approximately 508 square meters of land for development, close to shops, cafes, and school zones.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 3 | 1 | 90m2 | 2024 06 25 | $500,000 | Council approved | |
 | 0.25 km | 4 | 1 | -m2 | 2024 05 09 | $539,000 | Council approved | |
 | 0.14 km | 3 | 1 | 110m2 | 2024 05 03 | $579,000 | Council approved | |
 | 0.27 km | 3 | 1 | 90m2 | 2024 03 26 | $410,000 | Council approved | |
 | 0.30 km | 4 | 114m2 | 2024 03 14 | $565,000 | Council approved |