Nestled in a serene cul-de-sac, this 2007-built, 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for homeowners and investors alike. The property, located at 3/502 Hereford Street, Linwood, Christchurch, boasts a solid concrete exterior, a reliable iron roof, and a well-maintained, level contour. Inside, modernity meets comfort with a spacious, open-plan living area, a contemporary kitchen, and new carpeting, complemented by an efficient heat pump for year-round comfort. With a Capital Value (CV) of $385,000 as of August 2022, this unit has shown a remarkable growth of 45.28% since August 2019. The HouGarden AVM estimates the property at $367,500, while the latest sale history records a transaction at $360,000 in September 2024, and $285,000 in April 2021.
For families with school-aged children, the property falls within a desirable school zone. Middleton Grange School (Decile 9) caters to Years 11-13, Hillview Christian School (Decile 7) and Hagley Community College (Decile 6) offer secondary education, while Christchurch East School (Decile 3) provides full primary education. Marian College and Te Aratai College are also within reach, ensuring a variety of educational options for the family.
This unit is not just a home; it's an investment in a promising future.
Updated on October 23, 2024