1/31 Clyde Road, Ilam, Christchurch

Nestled on a generous 469 sqm of freehold land at 1/31 Clyde Road, Ilam, Christchurch, this vacant residential plot presents a prime opportunity for your dream home construction. The property boasts well-proportioned boundaries within a boutique subdivision of nine sections, surrounded by quality new builds and enjoying convenient right-of-way access for construction purposes. The roof and wall construction remain unknown, yet this does not detract from the property's potential, situated in a level contour that adds to its appeal.

With a current Capital Value (CV) of $770,000, as of August 2022, and an estimated value of $765,000 by HouGarden AVM, this plot has shown a promising growth trend. Its recent sales history and rapid CV increase reflect the desirability of the location. The property's value has been ascending at a commendable pace, making it an attractive investment for the discerning buyer.

For families with educational considerations, the property falls within an excellent school zone. It's a mere 10-minute walk to Ilam School, and it's in-zone for both Christchurch Boys' and Girls' High Schools. The proximity to the University of Canterbury adds further educational value. The area is not only rich in educational institutions, with schools like St Patrick's School (Bryndwr), Villa Maria College, and others, all boasting high decile ratings, but it's also conveniently located near amenities such as Westfield Riccarton and the Christchurch Farmers' Market, making it an ideal blend of convenience and quality education.

Updated on November 13, 2024