2/128 Tancred Street, Linwood, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 2/128 Tancred Street, Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The property features 2 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 93 square meters on a level plot of 136 square meters. Constructed with a mix of materials for the walls and iron for the roof, this 2024-built home is in good condition both inside and out. The capital value as of August 2022 is $570,000, reflecting a promising investment in a rapidly appreciating property market.

History shows a consistent rise in the property's value, with the latest sale on April 9, 2024, fetching $609,000. This marks a substantial increase from the government's valuation, further supported by the HouGarden AVM, indicating a strong capital value growth percentage. The property's allure is enhanced by its solid construction and well-maintained condition, making it an attractive prospect for potential buyers.

For families with children, the property falls within a highly sought-after school zone. The local schools boast impressive decile ratings, ensuring access to quality education. This combination of a desirable location, a strong property value growth history, and a reputable school network makes this property an excellent choice for both investors and families.

Updated on May 01, 2024