Developer is cashing up!
This 3 bedroom home has definitely seen better days. The property is being sold on an 'As is, Where is" basis.
Being situated on prime development land this is sure to appeal to many.
506sqm of TC2, freehold, RMD land, with an added bonus for developers - lots of the prep work has already been done for you! In the property files you will find architect plans for a 3 unit site, a transport plan completed and site levels completed by a registered surveyor.
Location is also key here. Situated in a up and coming area of Christchurch. Close to the CBD, many shops, amenities and zoned for sought after Cashmere high zone.
Currently tenanted on a periodic tenancy returning $430 a week.
These opportunities are becoming increasingly difficult to find. My vendor is committed to selling. This property will be sold on or before auction day. So definitely don't delay!
For more information please copy and paste the below link into your web browser:
https://www.propertyfiles.co.nz/property/IL2585