Nestled in the heart of Linwood, Christchurch, 25 Rochester Street presents a charming 3-bedroom character home on a freehold site, built circa 1915. Constructed with wooden walls and an iron roof, this property offers a floor area of approximately 129m2 on a level plot of 457m2. Despite the need for some TLC, the home features high stud ceilings, original ceiling roses, and a cozy consented log burner, complemented by a heat transfer system. The property has seen a significant Capital Value increase of 52.24% from $335,000 in 2019 to the current $510,000 as per the latest government valuation. The HouGarden AVM estimates the property's worth at $500,000, with a notable sales history showing an increase from $90,000 in 1993 to $117,000 in 2001. This home is perfect for those seeking a project with potential, whether as a rental investment or a homely abode for a handy homeowner.
Educationally, the property falls within the zones of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. This offers a range of options for families with children of different ages.
With its prime location, close to public transport, medical centers, and the Eastgate Mall, this property is not just a home but a sound investment in a rapidly appreciating area.
Updated on August 28, 2024