5/241 Lincoln Road Addington, Christchurch City

Positioned on the city fringe in a location that continues to strengthen, 5/241 Lincoln Road presents an outstanding opportunity for both investors and first-home buyers.

Christchurch is experiencing strong, steady growth, with increasing demand for quality housing close to the CBD. This apartment is superbly located near Hagley Park, Christchurch Hospital, the central city, cafés, and the new stadium, making it a consistently desirable area for tenants and owner-occupiers alike.

The apartment itself is modern, well built, and filled with natural light, offering a functional layout that feels easy to live in. The kitchen is finished with a stone benchtop, the bathrooms are fully tiled, and there is excellent storage, which is often hard to find in apartment living. The overall finish reflects quality and durability.

A standout feature is the dedicated off-street car park with an EV charger - a significant advantage in this location and a strong point of difference for future value and tenant demand.

For investors, the property is already tenanted, providing income from day one. For first-home buyers, this is a smart entry into a prime location with long-term appeal.

Low maintenance, high demand, and a location that continues to improve - this is a property that simply makes sense.

Key Details:
Floor Area: 81
Land Area: 1/8 Share of 665
CV:$610,000
LV: $133,000
IV: $477,000
Rates: $3,771.15
Built: 2021
Rental Appraisal: $550 - $550pw
School Zones: Addington te Kura Taumatua, Wharenui School, Te Puna Wai o Waipapa - Hagley College, Te Kura o Mokihi Spreydon School & Christchurch South Karamata Intermediate School
Legal Description: Lot 5 Deposited Plan 560808, having 1/8 share in Lot 21 Deposited Plan 560808
Certificate of Title: 990619

DEADLINE Closes Wednesday 18th February at 3 pm (Unless Sold Prior)

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Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice