1/84 Memorial Avenue, Ilam, Christchurch

Nestled in the esteemed Ilam neighborhood of Christchurch, this charming townhouse at 1/84 Memorial Avenue boasts a generous floor area of 150m2. Constructed in 1980 with durable brick walls and tiled roofing, the property is in a good condition both inside and out. It features 2 spacious bedrooms, 2 car parks, and is held under a Cross-Lease title. The residence is graced with a conservatory that bathes in sunlight, enhancing the appeal of the adjoining living spaces.

With a current Capital Value (CV) of $650,000, this property has shown a remarkable increase of 38.3% from its 2019 valuation of $470,000. The HouGarden AVM estimates the property at $622,500, while the latest sale history indicates a sale price of $680,000 in 2024 and $455,000 in 2018. These figures are a testament to the investment potential of this home.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Christchurch Girls' and Boys' High Schools, Burnside High, and Cobham Intermediate. These schools are known for their high decile ratings, ensuring a quality education for your children. This townhouse offers not only comfort and convenience but also a strategic investment in a sought-after school district.

Updated on April 10, 2024