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Sold Property
$1,020,000
Alison Aitken Harcourts City Christchurch
Gemma Aitken Harcourts City Christchurch
Property Files link: please copy & paste link into your web browser, then register & the files will be emailed to you:
http://www.propertyfiles.co.nz/CR45494
Due to unrelenting demand, Residential Medium Density (RMD) land is in short supply in Christchurch, so this undiscovered pocket in Linwood is a bonanza for property developers and small-scale builders.
Our offering is a 1,189m2 parcel, currently home to a three bedroom cottage plus sleepout but, given the land's underlying value, its long term future is anyone's guess. Our clients have carried out some preliminary investigations, providing concept plans for a multi-unit townhouse development, or you may wish to start afresh with your own plans.
And you have the benefit of holding income from the existing tenants who would love to stay on - the property is currently on a periodic lease returning $400 per week.
Nestled in a quiet side street, extremely handy to all that Eastgate and the surrounding area offers, the location could not be better. Shops, amenities and transport links are all quite literally on your doorstep. Add to this the benefits of new recreational resources at the soon-to-open Te Pou Toetoe Community Swimming Pool and outdoor sports courts.
With our sellers now pursuing a new project, the options presented by this exciting opportunity are all in your hands.
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.
Property ID: #CR45494
Office
Licensed under REAA 2008
Sold Property
Property Files link: please copy & paste link into your web browser, then register & the files will be emailed to you:
http://www.propertyfiles.co.nz/CR45494
Due to unrelenting demand, Residential Medium Density (RMD) land is in short supply in Christchurch, so this undiscovered pocket in Linwood is a bonanza for property developers and small-scale builders.
Our offering is a 1,189m2 parcel, currently home to a three bedroom cottage plus sleepout but, given the land's underlying value, its long term future is anyone's guess. Our clients have carried out some preliminary investigations, providing concept plans for a multi-unit townhouse development, or you may wish to start afresh with your own plans.
And you have the benefit of holding income from the existing tenants who would love to stay on - the property is currently on a periodic lease returning $400 per week.
Nestled in a quiet side street, extremely handy to all that Eastgate and the surrounding area offers, the location could not be better. Shops, amenities and transport links are all quite literally on your doorstep. Add to this the benefits of new recreational resources at the soon-to-open Te Pou Toetoe Community Swimming Pool and outdoor sports courts.
With our sellers now pursuing a new project, the options presented by this exciting opportunity are all in your hands.
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.
Property ID: #CR45494
Alison Aitken Harcourts City Christchurch
Gemma Aitken Harcourts City Christchurch
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.
$1,032,000 89 Cannon Hill Crescent, Mount Pleasant, Canterbury 8081
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