2/4 Sayers Crescent, Ilam, Christchurch

Nestled in a serene cul-de-sac at 2/4 Sayers Crescent, Ilam, Christchurch, this residential unit boasts a cross-lease title and offers a smart starting point for homeowners, working couples, or investors. Constructed in 1982 with concrete walls and tiled roof in good condition, the property features 2 bedrooms, 1 bathroom, a separate lounge, kitchen/dining areas, and a heat pump for comfort. With a floor area of 170sqm, a single car garage, additional off-street parking, and attractive front gardens, it's a low maintenance, well-stored haven. The property's Capital Value (CV) has seen a rapid increase of 29.03% from $465,000 in 2019 to $600,000 as of 2022. The latest sale was recorded at $530,000 in 2024, signifying a growing investment potential. The HouGarden AVM estimates the property's value at $582,500, making it an appealing opportunity in the market.

Educationally, the property falls within the decile 7 Avonhead School, decile 10 St Patrick's School (Bryndwr), and is in close proximity to several other well-rated schools such as Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Riccarton High School (decile 6), ensuring a quality education for the family.

With its prime location, solid construction, and promising investment returns, this property is not just a house but a foundation for a brighter future.

Updated on August 01, 2024