3 Bannister Place, Ilam, Christchurch

Nestled on a serene cul-de-sac at 3 Bannister Place, Ilam, Christchurch, this freehold property boasts 3 bedrooms, a single carpark, and a spacious floor area of 144 square meters on a levelled 911 square meter section. Constructed in 1956 with concrete walls and tiled roof, both in good condition, this residential dwelling exudes potential with its capital value increasing from $840,000 in 2019 to $1,210,000 in 2022, a growth of 44.05%. The property's heating and cooling systems, including a heat pump, ensure year-round comfort, while double glazing adds to its energy efficiency.

With a HouGarden AVM valuation of $1,200,000 and a latest sale history in 1999 for $245,000, this property is not only an attractive investment but also a part of a desirable school zone. It includes top-rated schools such as Burnside High School, Cobham Intermediate, Christchurch Boys' High School, and Christchurch Girls' High School, among others, all within reach.

Enjoying a prime location with easy access to amenities like Fendalton Library and Mall, and proximity to the University of Canterbury, this home is a perfect blend of convenience and potential. Whether you choose to renovate or cherish its original features, this property offers a secure hold in an esteemed neighborhood.

Updated on November 29, 2024