237 Ilam Road, Ilam, Christchurch

Nestled at 237 Ilam Road, Ilam, Christchurch, this freehold property boasts 5 bedrooms, 3 carparks, and a floor area of 205sqm on a level 766sqm section. Constructed in 1983 with brick walls and an iron roof, both in good condition, the residence exudes a timeless appeal. The capital value has seen a 31% increase from $845,000 in 2019 to $1,100,000 as of 2022. The property's HouGarden AVM is valued at $1,052,500, with the latest sale recorded in 2017 for $835,000.

Educationally, the property falls within the zones of highly regarded schools such as Burnside High School (Decile 8), Westburn School (Decile 9), Cobham Intermediate (Decile 8), and others. This, coupled with its parklike north-facing garden and a layout that promotes both togetherness and privacy, makes it an ideal family home.

Located in a prime zone for schools like CGHS, CBHS, and Burnside High, and in close proximity to amenities like Jellie Park, New World Fendalton, and the university, this home offers convenience and potential. Whether you choose to move in and enjoy as is or embark on value-adding updates, this property presents a compelling opportunity.

Updated on October 30, 2024