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Sold Property
$775,000
Jamin Marshall Harcourts Merivale
Sean Innes Harcourts Riccarton
This is a limited opportunity for you to secure 1416 square metres of L3 land in a prime location bordering the CBD. Seeing the potential in the land and location, our vendors originally purchased both properties individually to land bank in this up and coming area. However the decision has been made to liquidate their portfolio and they are left with no other option than to sell this parcel of land with a holding income to another astute investor. The two properties will be sold together.
Your holding income is provided by two 100m2 (more or less) dwellings which sit on two separate freehold titles; one of which has been happily rented out to a tenant who has occupied the property for over 14 years. Together, the properties currently return a total of $660.00 per week.
Situated on the outskirts of the Central City in the heart of Addington, this is an increasingly popular location with plenty of shops and business's accumulating nearby; a promising future. A pleasant and developing area, the potential is evident and astute purchasers will realize this.
Re-purpose the land and utilize the L3 land to its full potential by developing the site with townhouses or a multi-level complex. Alternatively continue to land bank and secure your financial future with this large parcel of land. We have clear instructions from our vendors that these properties must sell on or before auction day. Don't delay; buyer demand will be swift with an opportunity like this.
The properties are being sold on an "As is Where is" basis.
Please visit the below link to view property files:
http://www.propertyfiles.co.nz/property/CR34729
Please be aware that the floor area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same.
Property ID: #CR34729
Office
Licensed under REAA 2008
Sold Property
This is a limited opportunity for you to secure 1416 square metres of L3 land in a prime location bordering the CBD. Seeing the potential in the land and location, our vendors originally purchased both properties individually to land bank in this up and coming area. However the decision has been made to liquidate their portfolio and they are left with no other option than to sell this parcel of land with a holding income to another astute investor. The two properties will be sold together.
Your holding income is provided by two 100m2 (more or less) dwellings which sit on two separate freehold titles; one of which has been happily rented out to a tenant who has occupied the property for over 14 years. Together, the properties currently return a total of $660.00 per week.
Situated on the outskirts of the Central City in the heart of Addington, this is an increasingly popular location with plenty of shops and business's accumulating nearby; a promising future. A pleasant and developing area, the potential is evident and astute purchasers will realize this.
Re-purpose the land and utilize the L3 land to its full potential by developing the site with townhouses or a multi-level complex. Alternatively continue to land bank and secure your financial future with this large parcel of land. We have clear instructions from our vendors that these properties must sell on or before auction day. Don't delay; buyer demand will be swift with an opportunity like this.
The properties are being sold on an "As is Where is" basis.
Please visit the below link to view property files:
http://www.propertyfiles.co.nz/property/CR34729
Please be aware that the floor area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same.
Property ID: #CR34729
Jamin Marshall Harcourts Merivale
Sean Innes Harcourts Riccarton
Office Harcourts City Christchurch Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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