Nestled on a serene, tree-lined Tudor Avenue in Ilam, Christchurch, this charming townhouse boasts 3 bedrooms, 2 bathrooms, and a single carpark. Constructed in 1974 with durable brick walls and tiled roofing, the property stands on a level contour with a well-maintained garden. The current Capital Value (CV) of $630,000 reflects a 40% increase since 2019, echoing the rapid appreciation of the property. The latest sale in 2016 was for $469,000, while the current HouGarden AVM estimates it at $577,500.
With a CV growth rate that outpaces the market, this home is not just a shelter but a sound investment. The property is under a Cross-Lease ownership, and the interior boasts new carpeting, fresh paint, and a modern kitchen with the latest appliances. The sunny living room opens to a courtyard, ideal for outdoor entertainment.
Education opportunities are abundant with the property being in the zone for top-rated schools such as Westburn School (Decile 9), Burnside High School (Decile 8), and others. The location is not only prestigious due to the school zones but also convenient, being close to shopping malls, parks, the University of Canterbury, and public transport.
Updated on December 09, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 4 | 1 | 120m2 | Year 2024 Month 12 Day 05 | - | Council approved | |
 | 0.20 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 20 | - | Council approved | |
 | 0.33 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 19 | - | Council approved | |
0.22 km | 5 | 210m2 | Year 2024 Month 08 Day 03 | $525,000 | Council approved | |||
 | 0.30 km | 2 | 1 | 100m2 | Year 2024 Month 07 Day 18 | - | Council approved |