Many would buy in Winchester St just for the location alone - the ongoing popularity of the area is evidenced by the great number of new and renovated homes. Add to this a serviceable traditional brick and tile bungalow, which provides residual income while you determine the best utilisation of this prime position, and your decision should be easy.
Tucked away in a private rear setting, the three bedroom home occupies a mouth-watering parcel of 885m2. You may choose to renovate or extend the existing home, or take a more radical approach - there is little risk of over-capitalising in this sought after area.
Merivale Mall and Hagley Park are your near neighbours for morning coffee or weekend sports, with the many attractions of the CBD just moments away. Exceptional educational options are the icing on the cake; whether private or public the crème de la crème of schools are on your doorstep.
Our vendor has owned the property for over 24 years and enjoyed the benefits of a regular income stream from excellent tenants, however the time has come to liquidate this asset and move on to new projects. If you seek a foothold in this ever-appreciating area, then the time to act is now.
To download the documents please click on the below link, then register and you will be able to access the files:
http://www.propertyfiles.co.nz/property/CR37937
$1,032,000 89 Cannon Hill Crescent, Mount Pleasant
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