1/368 Hereford Street, Linwood, Christchurch

Nestled in the vibrant heart of Christchurch, 1/368 Hereford Street presents a freehold home unit with immense potential. This recently completed townhouse boasts 3 bedrooms, 2 carparks, and a floor area of 160sqm on a levelled 203sqm plot. Constructed with iron roofing and wooden walls in good condition, it's a low-maintenance, apartment-style property designed for comfort and convenience. Since 2019, the Capital Value (CV) has seen a remarkable increase of 35.85%, reaching $720,000, while the HouGarden AVM estimates it at $725,000. The latest sale in 2019 was for $520,000, showcasing the property's appreciating worth.

With a CV growth that outpaces the market average, this property is not just an attractive investment but also a perfect home in a prime location. It's zoned for a variety of schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8), ensuring quality education for all ages. The central city location provides easy access to amenities, entertainment, and public transport, making it an ideal blend of lifestyle and practicality.

Hereford Street's strategic placement in a highly sought-after school zone, with its array of high-decile educational institutions, further enhances the appeal of this property. Whether you're a family seeking a permanent urban abode, a young professional buying their first home, or an investor looking for a sound opportunity, this townhouse is a gem in the dynamic and convenient inner city of Christchurch.

Updated on September 16, 2024