57 Ilam Road, Ilam
Invest, Develop, or Inhabit?
Price Guide $650,000 – $700,000
Wondering where to put your money, or perhaps where to settle in? This property is your answer. Exceptionally close to the University of Canterbury, this house is a student-rental goldmine — thanks to its ample parking space, a real find in this prime location.
The current tenants are set to bid adieu in December, offering you a fresh start in the new year. Whether you’re bringing in a new student tribe or have other plans, the timing is excellent.
Could this property offer more than it already does? Potentially. Explore development, or adding accommodation — what is the limit?
• 4 generous bedrooms: enough space for studying and living it up
• Open-plan kitchen and living area
• Main bathroom + extra WC
• 657m² Fee Simple land
• Ilam School and Kirkwood Intermediate school zones
• Healthy Homes compliant
• Plentiful parking – a rare find in this hotspot
• RV $720,000
Already delivering solid rent returns, could you push the envelope further? Or maybe this is your family’s university housing solution with the perk of future capital gains.
The property is currently tenanted, so please respect their privacy, and if possible, viewing will be via the open homes. Alternative arrangements can be made if necessary.
Deadline Sale: All offers on or before 4pm, Thursday 2nd November (unless sold prior)
To download the property file please copy & paste the following link: https://www.propertyfiles.co.nz/property/RX3812187
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