Nestled in a serene cul-de-sac at 2/4 Sayers Crescent, Ilam, Christchurch, this residential unit boasts a cross-lease title and offers a smart starting point for homeowners, working couples, or investors. Constructed in 1982 with concrete walls and tiled roof in good condition, the property features 2 bedrooms, 1 bathroom, a separate lounge, kitchen/dining areas, and a heat pump for comfort. With a floor area of 170sqm, a single car garage, additional off-street parking, and attractive front gardens, it's a low maintenance, well-stored haven. The property's Capital Value (CV) has seen a rapid increase of 29.03% from $465,000 in 2019 to $600,000 as of 2022. The latest sale was recorded at $530,000 in 2024, signifying a growing investment potential. The HouGarden AVM estimates the property's value at $582,500, making it an appealing opportunity in the market.
Educationally, the property falls within the decile 7 Avonhead School, decile 10 St Patrick's School (Bryndwr), and is in close proximity to several other well-rated schools such as Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Riccarton High School (decile 6), ensuring a quality education for the family.
With its prime location, solid construction, and promising investment returns, this property is not just a house but a foundation for a brighter future.
Updated on August 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 2 | -m2 | Year 2024 Month 12 Day 05 | - | Council approved | |
0.20 km | 3 | 210m2 | Year 2024 Month 11 Day 01 | $875,000 | Council approved | |||
 | 0.21 km | 4 | 220m2 | Year 2024 Month 10 Day 29 | $1,075,000 | Council approved | ||
 | 0.07 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 28 | $590,000 | Council approved | |
 | 0.14 km | 3 | 110m2 | Year 2024 Month 07 Day 05 | $625,000 | Council approved |