Ilam
2/25 Gleneagles Terrace, Ilam, Christchurch
Asking Price NZ$739,000
Two dwellings - unbelievable value!
For Sale - $739,000
Choices abound with an opportunity here for extended family living, living in one and renting out one house or invest and have a rental income from both properties.
The main dwelling unit comprises of a modern bright open-plan kitchen, living, and dining room that seamlessly extends through French doors to a spacious terrace, ideal for both relaxation and alfresco dining. The two double bedrooms are well situated off the hall and benefit from plenty of natural light due to the north facing aspect. The laundry is cleverly positioned in a kitchen cupboard for convenience.
Rental appraisal $500 - $550 per week.
The very appealing and private self-contained ‘granny flat' includes an open-plan kitchen and living room, a double bedroom, and a spacious bathroom with laundry facilities. Sliding doors from the living area lead out to a covered verandah, providing additional space for relaxation.
Rental appraisal $400 - $450 per week.
The garden is private and sheltered with separate areas for clotheslines, a garden shed for storage, a designated space for a vegetable garden, and multiple sheltered and tranquil sitting areas. A single garage and good off-street parking are sited beside the dwellings at the rear of the section.
Nestled just off Memorial Avenue, a short walk to a choice of top schools and the Fendalton Mall, it offers an exceptional location.
Local schools include Allenvale, Burnside Primary and Cobham School Intermediate which just around the corner, Burnside High and in zone for CBHS and CGHS plus several others
This property is a unique opportunity and has something for everyone - catering for extended family or as an investment property - inspection is highly recommended.
More information: www.propertyfiles.co.nz/5522311
Jack Pringle
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Pringle
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Viewing details
5
May
Features
Dwelling details
The main dwelling unit comprises of a modern bright open-plan kitchen, living, and dining area that seamlessly extends through French doors to a spacious terrace.
Investment
The very appealing self-contained ‘granny flat’ includes an open-plan kitchen and living area, a double bedroom, and a spacious bathroom with laundry facilities.
Garden
The garden is private and sheltered with separate areas for clotheslines, a garden shed for storage, a designated space for a vegetable garden, and multiple sheltered and tranquil sitting areas.
School zones
Local schools include Allenvale, Burnside and Cobham Schools which are being rebuilt just around the corner, Burnside High and in zone for CBHS and CGHS.
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