Nestled in the heart of Linwood, this charming multi-dwelling property at 24 Suffolk Street, Phillipstown, Christchurch, is a classic villa with 3 spacious double bedrooms, kitchen, living area, and bathroom, complemented by an attached flat and a large single garage. It sits on a freehold section of 506 square meters with a floor area of 200 square meters. The property boasts an iron roof and wooden exterior walls in average condition, and benefits from a level contour. The capital value has seen a rapid increase of 45%, jumping from $400,000 in 2019 to $580,000 as of 2022. The latest sale was recorded at $680,000 in 2024, indicating a promising investment opportunity.
With a HouGarden AVM of $572,500, this property is not only valuable in terms of its structure but also for its location. It is within the catchment area of several schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and more. The area's proximity to schools, shops, and public transport makes it a highly sought-after address. The property is equipped with air conditioning for efficient heating and cooling.
For families with children, the school network is a significant highlight. The nearby schools offer a range of educational options, from primary to secondary, with varying decile ratings that cater to diverse academic needs. This property not only promises a comfortable living environment but also a bright educational future for its residents.
Updated on November 06, 2024