1a Thomas Street, Linwood, Christchurch

Nestled in the serene cul-de-sac of 1a Thomas Street, Linwood, Christchurch, this 2-bedroom, 1-bathroom residential unit boasts a freehold title and a floor area of 89 square meters on a levelled 114 square meter plot. Constructed with mixed materials for the walls and iron for the roof, this 2024-built property is in good condition both inside and out. It includes a single car park and is valued at $600,000 according to the latest government valuation, with a HouGarden AVM of $582,500. The property features a heat pump, double-glazing, and an open-plan living area that amplifies the sense of space, creating a warm and inviting atmosphere throughout the year.

With a CV increase history that speaks of growth, this property has seen a significant rise in capital value. The recent sales history and rapid increase in the capital value percentage reflect the investment potential. It's a 'bank-friendly' opportunity that's not to be missed.

For families with children, the school zone is a significant plus. The property falls within a highly rated decile, offering access to quality schools in the area, ensuring a sound investment in education as well as real estate.

Updated on August 19, 2024