Nestled in the heart of Ilam, Christchurch, this freehold property at 43 Maidstone Road boasts 4 bedrooms, 1 bathroom, and a single carpark. Constructed in 1963 with solid brick walls and an iron roof, both in good condition, this residence sits on a levelled 612sqm section. The property's capital value has seen a remarkable increase of 37.1% from $620,000 in 2019 to $850,000 as of 2022. The latest sale in the area was for $838,750, while the HouGarden AVM estimates the property's worth at $830,000.
For families with school-aged children, the property falls within the highly sought-after Burnside High School zone, with a decile rating of 8. Other nearby schools include Ilam School, St Patrick's School, and Villa Maria College, all boasting impressive decile ratings. This home not only promises a sound investment with its CV growth potential but also offers a convenient lifestyle with easy access to parks, public transport, the university, and the Bush Inn Shopping Centre.
With an open plan kitchen/dining/living area, a separate formal lounge, and a charming garden, this property presents a perfect blend of comfort and potential for DIY enthusiasts and investors looking for their next project.
Updated on August 28, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 2 | 1 | -m2 | 2024 12 12 | $559,000 | Council approved | |
 | 0.13 km | 3 | 1 | -m2 | 2024 12 05 | - | Council approved | |
 | 0.06 km | 5 | 2 | 320m2 | 2024 12 04 | - | Council approved | |
 | 0.13 km | 2 | 1 | -m2 | 2024 09 10 | - | Council approved | |
0.20 km | 2 | 1 | 89m2 | 2024 08 22 | $545,000 | Council approved |