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This is something very, very special and arguably one of the hottest sites to hit the market in Canterbury this year.
Having now settled with their insurer, my owners sell on an "as is where is" basis with no plan B.
Seize the day with this incredibly rare opportunity to purchase a significant land parcel in a prestigious Merivale location. Three perfectly positioned sites of 806sqm, each with three as is where is units totalling 9 units, are offered to the market as one huge lot of 2418m2 of land, this opportunity is quite simply, unheard of.
Situated in sought-after Rhodes Street, the address provides the perfect balance between leafy suburban bliss and the bright lights of the city, with Hagley Park, Merivale Mall, and the nightlife of Victoria Street precinct so close by.
The two bedroom, one bathroom units are habitable and have previously been steady earners at $325 per week. Whether you demolish and develop, repair and rent, or build one fabulous dream home, the security of the established rental history will provide you with peace of mind while you make your plans.
Underpinning your investment in this location is the highly-desirable zoning for Elmwood School, Christchurch Boys' and Christchurch Girls' High schools and the close proximity to excellent private schooling.
The development options are endless, but the opportunity will not last long as this exciting property is bound to cause a stir in the market place.
Contact Jonny now for more information.
Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same
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