Nestled in a serene cul-de-sac at 2/517 Hereford Street, Linwood, Christchurch, this residential dwelling built in 1996 boasts 2 bedrooms, 2 bathrooms, and a single carpark. The 90sqm floor area is complemented by a private, fully fenced courtyard and a single garage with additional off-street parking. The home features an iron roof and brick walls, both in good condition, and is equipped with a heat pump. It is situated on a level contour and holds a Cross-Lease title. The property's Capital Value (CV) has seen a remarkable increase from $315,000 in August 2019 to $475,000 in August 2022, reflecting a growth rate of 50.79%.
As per the latest valuation, the property is estimated at $442,500 by HouGarden AVM. Notably, the last sale was recorded in 2004 at $147,000, following a sale in 2003 at $119,000. This home is not only a sound investment but also ideal for family living, being in the zone for Te Aratai College, Linwood Avenue School, Whitau School, and Marian College. The area is also in proximity to Eastgate Shopping Centre and Te Pou Toetoe: Linwood Pool, enhancing the convenience of this prime location.
For families with school-aged children, the educational institutions in the area are noteworthy. Middleton Grange School, a composite school with a decile rating of 9, is one of the many esteemed options. Other schools include Linwood Avenue School (decile 2), Hillview Christian School (decile 7), and more, offering a range of educational opportunities for residents.
Updated on June 13, 2024