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Back 5/241 Lincoln Road
Off Market

5/241 Lincoln Road

Addington Canterbury

2
1
1
71 m²
81 m²
Townhouse
Last sold for $525,000
Ali AhmadiAli Ahmadi, last sold this property on 03 March 2026 after 34 days on market.

Overview

Buy Smart in a City That's Growing Fast

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) To download the information for this property, please copy this link into your web browser: https://www.agentsend.com/1AL1 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

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
71 m² floor area
81 m² lot size
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Addington over the last 12 months, the estimated median property value of 5/241 Lincoln Road is $563.25k.

Median value
$563.25k
Estimated value range
$507k - $625k
Median days on market
35
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Addington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/241 Lincoln Road

2026
Sold
$525,000
03 Mar 2026 by Ali Ahmadi, of Ray White Addington

Happy sellers in Addington

81%
81% of sellers in Addington reported that their sale price either exceeded or met their price expectations.

Addington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Addington over the last 12 months.

Local market activity for 2 bedroom townhouses in Addington

In the last 12 months, 18 two-bedroom townhouses similar to 5/241 Lincoln Road, have been sold.

This represents a 18% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Addington

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Bushra Eljindi

Bushra Eljindi is a recommended agent for Addington.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  3 Reviews in Addington
  •  3 Sales in Addington
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Preet Bhullar

Preet Bhullar is a recommended agent for Addington.  They have 4 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (41 reviews)
  •  2 Reviews in Addington
  •  4 Sales in Addington
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Nabin Acharya

Sellers who recommend Nabin Acharya have praised them for being local expert, patient, responsive and dedicated

  •   5   (37 reviews)
  •  2 Reviews in Addington
  •  3 Sales in Addington
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Yuting Yin

Sellers who recommend Yuting Yin have praised them for being local expert, clear communication, reliable, well-prepared, dedicated, responsive and hard-working

  •   5   (72 reviews)
  •  2 Reviews in Addington
  •  3 Sales in Addington
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