2/8 Coniston Avenue, Ilam, Christchurch

Nestled in the serene cul-de-sac of 2/8 Coniston Avenue, Ilam, Christchurch, this residential dwelling boasts 3 bedrooms, 2 carparks, and a floor area of 140 square meters. Constructed in 1993 with brick walls and an iron roof, both in good condition, this cross-lease property is set on a level contour. The capital value has seen a significant increase from $480,000 in August 2019 to $660,000 in August 2022, reflecting a growth of 37.5%. The property, with a contemporary kitchen, updated bathrooms, and an easy-care garden, is perfect for professionals, retirees, families, and investors, especially with its location in the Burnside High and Westburn School zones.

With a HouGarden AVM valuation matching the current capital value of $660,000, the property's latest sale history includes transactions in 2007 for $415,000 and in 2006 for $372,000. The Burnside High School, among others, is a secondary school with a decile rating of 8, while Westburn School is a full primary with a decile rating of 9. This indicates a high demand for properties within this school zone.

During the 3-week marketing period, over 100 groups viewed the property, and 6 bidders participated in the auction, leading to a successful sale under the hammer. This exceptional opportunity in a prime location should not be missed, especially for those considering a property within the esteemed school zones.

Updated on September 27, 2024