46a Clyde Road, Ilam, Christchurch

Nestled in the serene Ilam neighborhood, 46 Clyde Road presents a charming residential opportunity on a cross-lease title. This 1960-built home boasts 3 bedrooms, 1 bathroom, and a single carpark, all encompassed within an 80m2 floor area. The exterior is adorned with brick walls and tiled roofing, both in good condition, while the property's contour is delightfully level. The capital value has seen a remarkable increase of 60.92% from $435,000 in 2019 to $700,000 as of 2022, reflecting a sound investment prospect.

With a HouGarden AVM of $695,000, the property's latest sale history includes transactions in 2024 at $645,888 and $499,000. This indicates consistent market interest. The location is further enhanced by its proximity to esteemed educational institutions, with Ilam School, Villa Maria College, and Christchurch Boys' and Girls' High Schools all within the zone, boasting deciles ranging from 6 to 10.

For families with school-aged children, this property offers an excellent opportunity to be part of a high-performing school network. The combination of a desirable location, strong capital value growth, and access to top educational facilities makes this property a stand-out choice in the market.

Updated on November 06, 2024