328 Waimairi Road, Ilam, Christchurch

Nestled in the esteemed Ilam neighborhood, 328 Waimairi Road stands as a testament to the architectural style of the 1970s on a freehold section of 612sqm. This three-bedroom, two-car park residence boasts an average concrete exterior and a tiled roof, both in average condition. The interior spans 190sqm, featuring two living areas and a dedicated dining space, with the master bedroom enjoying an ensuite. The capital value has seen a remarkable increase of 35.38% from $650,000 in 2019 to $880,000 as of 2022, while the HouGarden AVM estimates it at $857,500. The latest sale was recorded on June 21, 2024, at $740,000. This property is not just about numbers; it's about potential, nestled in a quiet cul-de-sac and zoned for top-rated schools such as Westburn School (decile 9) and Burnside High School (decile 8), offering both an investment opportunity and a lifestyle upgrade.

With dual heat pumps, a swimming pool, and a convenient attic for storage, the home is ready for a new chapter. Its recent auction brought forward announcement signals a ripe opportunity for visionary buyers to refine this property into a modern haven. The surrounding gardens are easy to maintain and offer space for personal touches, while the location provides a serene backdrop for family life, just a short stroll from Burnside Park.

Education is a key highlight, with a selection of high-decile schools including St Patrick's School (Bryndwr) and Villa Maria College within the zone. This address not only promises a quality education for the family but also a laid-back lifestyle in a sought-after suburb.

Updated on July 17, 2024