152 Waimairi Road, Ilam, Christchurch

Nestled in the serene Ilam neighborhood, this charming property at 152 Waimairi Road boasts a versatile layout with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1968 with concrete walls and tiled roofing, it stands on a level contour with a well-maintained exterior. The 110sqm floor area is complemented by a cozy, sunlit living space with a heat pump and wood burner, and mostly double glazed windows. It's a cross-lease ownership, ideal for professionals, with a private patio and a compact section that's easy to manage.

With a current Capital Value (CV) of $520,000, it has seen a remarkable increase of 40.5% from its $370,000 CV in 2019. The HouGarden AVM estimates it at $505,000, while the latest sale history shows a transaction at $525,000 in 2021 and $300,000 in 2012. This property presents a golden opportunity for buyers, being sold by out-of-town landlords.

For families with children, the property falls within the catchment of several esteemed schools. Avonhead School and Westburn School are both full primary schools with deciles of 7 and 9 respectively. Other nearby options include Ilam School, St Patrick's School (Bryndwr) with a perfect 10 decile score, and secondary schools like Villa Maria College and St Thomas of Canterbury College, all within easy reach.

Updated on July 25, 2024