Located at 49a Memorial Avenue, Ilam, Christchurch, this classic and beautifully renovated three-bedroom bungalow offers a sophisticated yet wonderfully relaxed lifestyle. With a floor area of 128 sqm on a cross-lease title, the property features wood wall construction and fibrous cement roofing, both in average condition, dating back to 1940. The home boasts french doors leading to two outdoor living spaces, perfect for indoor/outdoor entertaining, set on a level property contour amidst a private, sunny, well-established garden. The renovation spared no expense, including a full rewire, new ensuite, lighting, kitchen with scullery, main bathroom renovation, new flooring, cabinetry, and a superior paint job inside and out.
The property has seen a significant increase in capital value, from $640,000 in August 2019 to $870,000 in August 2022, marking a 35.9375% increase. The latest sale was recorded on January 8, 2024, for $735,000, following a previous sale on July 5, 2018, for $630,000. The HouGarden AVM estimates the property's value at $835,000.
Education is a highlight, with the property being zoned for top-rated schools including Burnside High School, Cobham Intermediate, Christ the King School (Christchurch), St Patrick's School (Bryndwr), Villa Maria College, Christchurch Boys' High School, Christchurch Girls' High School, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Christchurch Adventist School, Hagley Community College, and Marian College, all offering high decile ratings. This home is not only about style and comfort but also about providing the best educational opportunities for your family.
Updated on April 06, 2024.