91 Memorial Avenue, Ilam, Christchurch

Nestled at 91 Memorial Avenue, Ilam, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1972 with iron roofing and concrete walls, this property presents an average wall condition and a good roof condition, sitting on a level contour. It carries a Cross-Lease title and offers a floor area of 100 square meters. The capital value has seen a rapid increase of 38.95% from $475,000 in 2019 to $660,000 as of 2022. The HouGarden AVM estimates the property at $612,500, while the latest sales were recorded at $410,000 in 2014 and $280,000 in 2005.

With a desirable school zone that includes top-rated institutions such as Burnside High School, Christchurch Boys' and Girls' High Schools, this property is a gem for families. The surrounding schools, like Cobham Intermediate and St Patrick's School, are also high decile, making the location educationally advantageous.

Our owner has priced this home below the rateable value, presenting an opportunity not to be missed. The townhouse, with its charming 1970s design, provides a blend of style and functionality. It features a spacious open plan living area, separate kitchen with ample natural light, and double-sized bedrooms for privacy. The convenience of an internal access garage and separate laundry adds to the ease of living. Its proximity to the city and airport is ideal for professionals, while the potential for outdoor enhancement makes it perfect for buyers looking for both comfort and potential for personalization.

Updated on June 06, 2024