7 Parkstone Avenue, Ilam, Canterbury - House Sold on 23 03 2026

SoldMar 23, 2026

7 Parkstone Avenue, Ilam, Canterbury

$1,265,000

230 m²

761 m²

House

•

26 days on the market

Sold: Mar 23, 2026

What's around 7 Parkstone Avenue

High-Quality Student Investment

Contact to view by appointment. Private full walk-through tour - https://www.youtube.com/watch?v=CmD7ElI_Hys Positioned in ever-popular Ilam, 7 Parkstone Avenue presents a rare opportunity to secure a substantial, well-presented student investment offering immediate income and long-term certainty. Currently rented as six bedrooms at $1,340 per week, the property is held on a fixed tenancy through to November 2026 — making this an ideal addition to any portfolio, with the added benefit of potential owner use/accommodation from 2027. With strong ongoing demand in this location, there is clear scope to enhance returns in the future, with indications a new rate of approximately $1,400 per week could be achievable at the next tenancy change. Inside, the home delivers generous proportions and a practical layout for shared living, with modernised communal spaces and seamless indoor/outdoor flow to a large, sun-soaked deck. Set on a freehold 761m² (approx.) with around 230m² (approx. excluding external garage) of floor area, this is a big-boned investment in a proven rental hotspot — further strengthened by the University's continued development across the road. Investment Highlights - Rented as 6 bedrooms – $1,340 per week - Fixed tenancy until November 2026 - Future rental upside – circa $1,400 per week indicated - Spacious communal living + modern kitchen/dining - Quality kitchen with stone benchtop breakfast bar, dual ovens, double dishdrawers, plenty of storage and a gas hob - Excellent outdoor entertaining with expansive deck - Freehold land and substantial floor area - Double garage with an auto door + off-street parking - Scenic stream boundary - TC1 land rating - Three heat pumps, filtered water system, alarm system - Two modern bathrooms (one with under-tile heating) - Sizeable separate laundry To download the property files, please copy and paste the link into your URL: https://www.propertyfiles.co.nz/property/928580003 *Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same.

Looking for more information on 7 Parkstone Avenue?

Explore comparables, sales history and growth for this property.

Learn more

Seller's review

3 months ago

Verified Review

Quick responses, smart plan and sold within range.

I highly recommend Thomas Knight. From the very beginning he was extremely quick to respond to all my questions and communications, which made the entire process smooth and stress-free. He created a well-thought-out plan tailored to my property and executed it perfectly. Thanks to his expertise and hard work, we successfully sold the property within the estimated price range — actually achieving a result I was very happy with. Thomas is professional, reliable, and truly knows the market. I wouldn’t hesitate to use him again or recommend him to family and friends.

Mark

Seller