Located at 1/337 Armagh Street, Linwood, Christchurch, this residential property stands out with its solid tilt slab construction and spans across three levels, offering a unique living experience. The property features three bedrooms, with the living, dining, and kitchen areas situated on the middle level, enhancing the home's flow and functionality. The kitchen, boasting a leafy outlook, is equipped with an island bench, breakfast bar, and a full-height pantry. A heat pump ensures comfortable temperatures throughout the year. The top level houses two spacious double bedrooms separated by a bathroom, while the ground level hosts a third double bedroom with direct garden access. The property also includes an internal access single garage, providing secure parking. The exterior is finished with roughcast walls and an iron roof, both in good condition, on a level contour. Built in 1996, this cross-lease property has a floor area of 121 square meters and is categorized under 'Residential - Ownership home units'.
The property has seen a significant increase in capital value, from $340,000 in August 2018 to $500,000 in August 2021, marking a 47.06% growth. The latest HouGarden AVM estimates its value at $490,000. The property's last sale was in August 1996 for $145,000. This townhouse is not just a home but an investment that has consistently grown in value.
Education is a priority, and this property is zoned for several reputable schools, including Middleton Grange School (Composite, Decile 9), Hillview Christian School (Composite, Decile 7), Christchurch Adventist School (Composite, Decile 5), Christchurch East School (Full Primary, Decile 3), Hagley Community College (Secondary, Decile 6), Marian College (Secondary, Decile 8), and Te Aratai College (Secondary, Decile 3). These schools offer a range of educational opportunities for children of all ages, making this property an ideal choice for families.