3/494 Hereford Street, Linwood, Christchurch

Nestled in a serene cul-de-sac, this 2-bedroom, 1-bathroom unit with a single carpark presents an inviting opportunity. Constructed in 1970 with concrete walls and an iron roof, it boasts an average condition throughout. The property, situated at 3/494 Hereford Street, Linwood, Christchurch, is on a cross-lease title and offers a level contour. The government's capital value has seen a significant increase from $230,000 in 2019 to $370,000 in 2022, reflecting a growth of 60.87%. The latest sale was recorded at $387,000 in 2024, signifying a sound investment prospect.

For families with children, the property falls within a desirable school zone. Middleton Grange School, a composite school with a decile rating of 9, is one of the many excellent educational institutions in the area. Other schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and more, offering a range of educational options.

With a HouGarden AVM of $362,500 and the potential to acquire one or all of the four units, this is a chance not to be missed. The property's convenient location, just a short walk to Stanmore Road Shops, further enhances its appeal. Don't let these gems slip through your fingers.

Updated on July 26, 2024