2/191 Waimairi Road, Ilam, Christchurch

Nestled in the serene Ilam, this charming 2-bedroom, 1-bathroom unit with a single carpark is a perfect blend of modern comfort and timeless convenience. Constructed in 1974 with concrete walls and tiled roof, this well-maintained cross-lease property offers a spacious 90 square meters of floor area. The property's capital value has seen a remarkable increase of 35.14% from $370,000 in 2019 to $500,000 in 2022, while the HouGarden AVM estimates it at $495,000. The latest sale was in 2000 for $138,000, highlighting the property's appreciating value. Whether for personal residence or investment, this unit on Waimairi Road is a prime find.

With a CV growth rate that outpaces the market average, this property is not just a home but a sound investment. The government's valuation history and the private HouGarden AVM both point to a property that holds significant potential for future value.

For families with children, the property falls within the catchment area of several esteemed schools. Avonhead School and Westburn School, both full primary schools, are rated at deciles 7 and 9 respectively. Ilam School, St Patrick's School (Bryndwr), and Villa Maria College are among the other high-performing institutions in the zone, ensuring a quality education for your children.

Updated on November 04, 2024