10 Lynfield Avenue, Ilam, Christchurch

Nestled at 10 Lynfield Avenue within the esteemed Ilam neighborhood of Christchurch, this charming brick townhouse boasts 3 generous bedrooms and a spacious floor area of 120 square meters. Constructed in 1970 with a good condition brick exterior and tiled roof, the property sits on a level contour and is held under a Cross-Lease ownership. The capital value has seen a remarkable increase of 32.5% from $400,000 in 2019 to the current $530,000, reflecting a sound investment opportunity. The latest sale history is also impressive, with a sale price of $595,000 in 2024, up from $400,000 in 2018.

Valued at $510,000 by the HouGarden AVM, this property presents a comfortable and modern living environment with a north-facing courtyard, a single garage, and off-street parking. The location is particularly appealing, being within the catchment area of top-rated schools such as Avonhead School with a decile rating of 7, St Patrick's School at Bryndwr with a decile of 10, and Villa Maria College with a decile rating of 9, among others. This ensures a quality education for children of all ages.

With easy access to Canterbury University and a range of shopping and dining options at Waimairi Rd and the Bush Inn/Church Corner area, this property offers both convenience and a serene lifestyle. It's a rare gem that combines comfort, prime location, and investment potential, making it an attractive proposition for a variety of buyers.

Updated on May 01, 2024