Nestled in the heart of Linwood, Christchurch, this charming property at 1/62 Linwood Avenue offers a blend of classic elegance and modern comfort. Constructed in 1915 with roughcast walls and an iron roof, this cross-lease home boasts 3 bedrooms, 2 carparks, and a generous floor area of 130 square meters. The property has undergone renovations, revealing high ceilings and polished natural timber flooring that grace the living spaces. With extensive insulation, all-day sunshine, and a reliable heat pump, this home ensures warmth throughout the year. The north-facing master bedroom features a brand new ensuite with a shower. It's a pet-friendly space, ideal for a long-term tenant seeking both space and style near the city.
Boasting a significant increase in Capital Value, from $300,000 in August 2019 to $450,000 in August 2022, this property has shown a 50% growth rate. The HouGarden AVM estimates the property's worth at $445,000, while the latest sale records from October 2024 indicate a transaction price of $609,000, a testament to its escalating value.
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 among the many esteemed educational institutions in the area. Others include Hillview Christian School (decile 7), Linwood North School (decile 2), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8, decile 3), providing a range of options for quality education.
Updated on November 13, 2024