5 Woodford Terrace, Ilam, Christchurch

Nestled at 5 Woodford Terrace, Ilam, Christchurch, this charming residential dwelling boasts 3 bedrooms, 2 carparks, and a spacious floor area of 130 square meters on a generous 842 square meter section. Constructed in 1952 with brick walls and tiled roofing, this freehold property presents an average condition both inside and out, set on level contour. The capital value has seen a substantial increase, rising from $690,000 in 2019 to $1,000,000 as of 2022, indicating a growth rate of 44.93%. The property's potential is further highlighted by the HouGarden AVM of $990,000 and recent sales history, with the latest sale in 2024 reaching $1,347,200.

With a rich history and located in a highly sought-after school zone, this property is perfect for families. The local schools, including Burnside High School, Cobham Intermediate, and St Patrick's School, are all highly rated with deciles ranging from 8 to 10. The proximity to Canterbury University adds to the appeal, making this an ideal investment for both current and future value.

Boasting a prime location and potential for further enhancement, this property is a golden opportunity for those seeking a substantial family home in a prestigious educational enclave.

Updated on November 20, 2024