Nestled at 21 Brodie Street, Ilam, Christchurch, this exquisite freehold property is a gem in a prime location. Constructed in 1950 with wood exterior walls and tile roofing, the dwelling maintains an average wall condition and a good roof condition. It spans a floor area of 209 square meters on a levelled land area of 817 square meters, complete with a single car park. The residence has been thoughtfully renovated, featuring five spacious bedrooms, with the master bedroom graced with an ensuite and ample robes, along with the convenience of a heat pump in the lounge and main bedroom.
Since August 2019, the capital value has seen a remarkable increase of 36.07%, reaching $830,000 as of August 2022. The HouGarden AVM estimates the property at $775,000, while the latest sale history records a transaction at $1,262,000 in April 2024, a significant leap from the $390,000 sale in March 2004. This surge in value is a testament to the property's appeal and investment potential.
For families with school-aged children, the property falls within the highly sought-after school zones of Villa Maria College, Riccarton High School, Middleton Grange School, and Avonhead School, all boasting impressive decile ratings. This quiet cul-de-sac is an ideal setting for academic pursuits, with easy access to The University of Canterbury, making it an attractive proposition for both families and students.
Updated on May 15, 2024