Can you see the future? If you can, then you'll know that this property is sure to be a real estate winner!
The prime 660m2 parcel of TC2 land (with a 20m+ street frontage) in blue chip Merivale might be what initially attracts you to this property, but is by no means the only factor in making it a fantastic option.
The character bungalow that currently occupies the property has proven to be a wonderful base for our owners, with various improvements made through the years and scope remaining to add further value. With a flexible configuration you may choose to utilise it as 4 bedrooms and 2 living, or 5 bedrooms and 1 living; 3 bathrooms ensures space and comfort for all. The home has provided excellent rental returns in the past and could continue to do so for many more years to come as you plan your ultimate utilisation of the site.
The value of your investment is further underpinned by proximity to local amenities - Hagley Park, CBD and the Victoria Street precinct. And let's not overlook the impeccable school zoning: CBHS/CGHS, Heaton Intermediate & Elmwood Primary - not to mention a plethora of private education options.
Your options are many but our vendors have just one - to achieve a sale on (or before) auction day. With long term redevelopment plans now sidelined by another exciting opportunity, they leave lucky new owners to reap the rewards of this mouth-watering prospect.
To download the Property files, please click on the link below (or copy and paste into your web browser):
http://www.propertyfiles.co.nz/property/CR34287
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