Nestled in the heart of Ilam at 28 Rutherglen Avenue, this exquisite mid-century, single-level residence boasts 4-5 bedrooms and presents a versatile living space on a freehold 736m2 section. Constructed with durable concrete walls and an iron roof in good condition, the property is bathed in natural light with its strategic positioning capturing all-day sun. The home's modern amenities include double glazing and a heat pump for year-round comfort. Notably, the capital value has surged by 35.38% over the past three years, from $650,000 in 2019 to the current $880,000. The latest sale history is marked by a transaction of $995,000 in 2024, a significant increase from the $242,000 sale in 1994. This property is not only an attractive family home but also a sound investment in a prime location.
With a HouGarden AVM of $805,000, the property is situated in a highly sought-after school zone. It falls within the decile 7 Avonhead School, decile 10 St Patrick's School (Bryndwr), and is in close proximity to several other well-rated educational institutions such as Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8). This addresses the importance of education for families and investors alike. The property's convenient access to Canterbury University, parks, shops, and local amenities further enhances its appeal.
Boasting a generous floor area of 240m2, this residence offers a stunning main living space with picture windows and sliding doors that open to a sheltered patio and garden. The four bedrooms in one 'wing' share a modernized bathroom, while the fifth bedroom with its own bathroom is ideal for a home office or teenager's retreat. An attached double garage and off-street parking for two cars complete the package, making this property a rare find in the Ilam neighborhood.
Updated on December 13, 2024