Located at 152a Lincoln Road, Addington, Christchurch, this residential dwelling boasts a freehold ownership type, making it a highly desirable property. Constructed in 1990 with brick walls and an iron roof, both in good condition, it features 3 bedrooms, 1 bathroom, and a double internal access garage, complemented by additional off-street parking. The property spans a floor area of 179 square meters on a level contour land area of 442 square meters. Its spacious kitchen and the master bedroom's walk-in robe with direct bathroom access highlight its thoughtful design.
Over the years, the property has seen a significant increase in its capital value, from $480,000 in August 2018 to $680,000 in August 2022, marking a 41.67% growth. The latest sale recorded in February 2024 was at $715,000, up from $495,000 in April 2018. The HouGarden AVM estimates the property's value at $665,000, reflecting its consistent appreciation in the market.
The property is zoned for several reputable schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with decile ratings of 9 and 8, respectively. It also falls within the zones for Middleton Grange School (Years 11 - 13), Te Kura o Mokihi Spreydon School, Hillmorton High School (Year 9-15), West Spreydon School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College, offering a wide range of educational options for families.