12A Karo Place, Ilam, Canterbury - House Sold on 10 10 2025

SoldOct 10, 2025

12A Karo Place, Ilam, Canterbury

Amount undisclosed

539 m²

House

•

24 days on the market

Sold: Oct 10, 2025

What's around 12A Karo Place

About this property

To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/L33814696 Perfectly positioned just minutes from the University of Canterbury, this property at 12A Karo Place, Ilam is a ready-made investment opportunity with proven student rental appeal. Set on a 539 sqm section, the property comprises: • A three-bedroom, one-bathroom main dwelling with heat pump and functional layout. • A two-bedroom, one-bathroom sleepout at the rear. • A double freestanding garage plus off-street parking. Currently assessed to achieve a market rental of around $1,000 per week, this property offers strong income potential and attractive net returns in a high-demand location. The flat site, low-maintenance grounds, and cul-de-sac setting make it appealing for tenants, while its proximity to shops, transport, and the university ensures consistent occupancy. With Christchurch's student rental market showing ongoing

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Buyer's review

7 months ago

Verified Review

10/10 for Jay - The Agent Who Makes Investment Dreams Reality

We are giving Jay a perfect 10/10 score, and he has more than earned it. As we were looking for an investment property, the process was challenging. After 5 unsuccessful auction attempts, we were completely discouraged and ready to give up. But Jay was the pillar that held us up. His unwavering patience and relentless encouragement were the only reasons we stayed in the game. He never showed a hint of frustration and constantly reassured us that the right property was coming. His persistence and professional insight finally paid off. He guided us to the perfect investment opportunity that we are now thrilled to own. What truly sets Jay apart is his combination of deep market knowledge and genuine care for his clients' goals. He wasn't just making a sale; he was a true partner in our investment journey. If you are looking for an agent who will fight for you, encourage you, and stick with you through the toughest moments, look no further than Jay. He is exceptional. Thank you, Jay, for your incredible perseverance and for making our investment a reality! Highly recommended!

Buyer

Seller's review

7 months ago

Verified Review

Tom was relatable, hardworking, and attentive.

It was a pleasure to work with Tom as he helped us sell two houses this year. He did a great job helping us navigate the process of advertising and preparing the houses for sale to suit their quite different markets categories. Any difficulties with legal and Healthy Homes compliance were handled professionally. He was thorough, understanding and patient in his communication during the open-home days. In preparation for the auction we felt well supported and prepared. We felt no pressure on the day.

Lynton Brocklehurst

Seller