Nestled in a quiet cul-de-sac at 281 Waimairi Road, Ilam, Christchurch, this freehold property is a gem for any growing family. Constructed in 1964 with concrete walls and an iron roof, the dwelling maintains an average condition both inside and out. It boasts 4 bedrooms, 2 car parks, and a generous floor area of 144sqm, all set on a levelled 721sqm section. The property's Capital Value has seen a remarkable increase of 35.71% from $560,000 in 2019 to the current $760,000 in 2022. The HouGarden AVM estimates the property's worth at $730,000, while the latest sale history dates back to 2006 at $326,000 and 1982 at $75,000.
For families with a focus on education, this property falls within the highly esteemed school zones of Burnside High School and Westburn School, among others, ensuring a top-notch education for the kids. The surrounding schools, including Christ the King School and St. Patrick's School, are all highly rated with deciles ranging from 8 to 10.
With a prime location, spacious layout, and a promising CV growth rate, this property is not just a home but a sound investment for the future.
Updated on October 17, 2024