6/503 Cashel Street, Linwood, Christchurch

Nestled in a serene cul-de-sac at 6/503 Cashel Street, Linwood, Christchurch, this residential unit title property boasts a generous floor area of 149m2. It features 3 bedrooms, 2 bathrooms, and a double garage, all extensively renovated with modern finishes including new paint, carpet, flooring, LED lighting, and blinds. Constructed in 2005 with roughcast walls and an iron roof, both in average condition, this home offers a large tiled balcony and a private, secure courtyard garden for outdoor enjoyment. Additionally, it's just minutes from the CBD and within walking distance to the new Stadium, making it an attractive find for first home buyers or investors.

With a current Capital Value (CV) of $580,000 as of August 2022, this property has seen a significant increase of 41.46% from its 2019 CV of $410,000. The HouGarden AVM estimates the property's value at $530,000, while the latest sale history shows a sale price of $199,598 in 2015 and $294,000 in 2010. This rapid CV growth highlights the investment potential of this property, especially considering the Healthy Homes criteria for investors.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the many options. Other schools include Linwood Avenue School, Hillview Christian School, Christchurch Adventist School, Christchurch East School, Hagley Community College, Marian College, and Te Aratai College, all with varying decile ratings and school types catering to diverse educational needs.

Updated on December 13, 2024