502 Ilam Road, Bryndwr, Christchurch, Canterbury

I love this type of home. (To download the property files go to: www.harcourts.co.nz/hgs2769#documents)

Built in the 1950s as a Classic Kiwi Brick home of around 130m2 in size. The 1950s style was to build them well with a defined separate lounge, separate laundry, then separate toilet then the separate bathroom. The kitchen living area has had some modernising and is very functional. In general this home has a massive opportunity to revitalise and add value to the astute buyer. Our owners have owned this property since July 1998 and paid at the time $164,000 in competition to buy as an investment property and for the schools close by.

As times have changed over the last few decades, so has the demand for critical school zones. Now zoned for Girls & Boys High, Burnside High, Cobham Intermediate, Waimairi Primary, St Patricks and close to St Bedes and Marion College.

Question is, what do you do?

Renovate upgrade and add value?

Remove the house and build a stunning new home on the 756m2?

Extend the house size and refurbish?

Look to subdivide and land bank to develop the land in the future as the city zone changes may come into effect

This is a great proportunity for a knowledgeable buyer.

Open homes as per the web site below or by appointment. Note the owner reserves the right to accept a pre auction offer and change the auction date.

To download the property files go to: www.harcourts.co.nz/hgs2769#documents