138 Fitzgerald Avenue, Linwood, Christchurch

Located at 138 Fitzgerald Avenue, Linwood, Christchurch, this residential dwelling is a unique opportunity for forward-thinking developers. The property features a 1920s bungalow with 3 bedrooms, set on a 506m2 plot of Residential Medium Density (RMD) land. The house, with its roughcast walls and tile roof, is in good condition despite its age. It offers a floor area of 106m2, including 2 car parks, and sits on level land. The property is insured and has been confirmed by the council for commercial use, subject to Resource Consent. It is also in close proximity to the revitalized city center and the highly anticipated Te Kaha Christchurch Stadium.

The capital value of the property has seen a significant increase, from $350,000 in August 2019 to $570,000 in August 2022, marking a 62.86% growth. The latest HouGarden AVM estimates its value at $557,500. Historically, the property was sold for $325,000 in March 2018 and $295,000 in June 2011.

The property is zoned for several schools, including Middleton Grange School (decile 9), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (decile 3), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (decile 3), offering a range of educational options.

Updated on March 22, 2024.