Nestled at 27 Pauline Street, Linwood, Christchurch, this residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1962 with concrete walls and an iron roof, both in good condition, this level property has a floor area of 106sqm and a land area of 746sqm. The current Capital Value (CV) as of August 2022 is $560,000, reflecting a growth of 57.75% since August 2019. The property also has a HouGarden AVM of $520,000 and a latest sale record of $365,000 in June 2016.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. It comes with a bonus of $17,000 insurance money for driveway repairs, adding to its appeal. The RMD zoning allows for potential subdividing, making it an attractive option for investors. The house has undergone thorough renovations, from the kitchen and bathroom to the new carpet and curtains, exuding a fresh and modern vibe.
For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and more. This, coupled with its convenient location near Eastgate Mall and a bus route, makes it an ideal choice for first home buyers or investors.
Updated on May 03, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 2 | 1 | -m2 | 2024 06 06 | $410,000 | Council approved | |
 | 0.17 km | 3 | 1 | 105m2 | 2024 04 19 | $650,000 | Council approved | |
 | 0.29 km | 3 | 1 | 90m2 | 2024 03 26 | $410,000 | Council approved | |
 | 0.19 km | 3 | 1 | 114m2 | 2024 02 09 | $590,000 | Council approved | |
0.15 km | 4 | 1 | 114m2 | 2024 01 26 | $530,000 | Council approved |