Sold Property

42 Avonhead Road, Avonhead, Canterbury 8042

  • 845
  • 4
  • 2
  • 2
  • 4
  • 3

Twice the Opportunity

To view documentation in relation to this property, please copy and paste this link into your web address bar:
https://www.propertyfiles.co.nz/property/785760004
Please note that asking pricing is for both 40 & 42.
With its TC1 zoning and generous proportions, this double-dwelling property in central Avonhead presents appealing options to investors and forward-thinking buyers.
Hosting a tenanted 190 sqm house that currently yields $800 per week and a separate neighbourhood dairy generating $500 per week, the property is already a lucrative asset.
The existing five-bedroom, two-bathroom home, accompanied by a double garage, was built around 1973 and exhibits vintage interiors reflective of its era to offer ample scope for modernization and enhancement.
While it currently serves as a steady source of income, the true potential of this 842m2 site lies in its possibilities for redevelopment or expansion, especially with the option to acquire the adjacent 615m2 lot and expand the total area to 1457m2.
Nestled in a convenient location, this property is close to essential shopping facilities and only a short drive from the abundant amenities at Bush Inn and Church Corner. With its zoning for multiple schooling options and proximity to key transport routes, it promises ease of living.
Currently functioning as a reliable investment, the prospect of exploring development on this larger plot or encompassing both parcels is an opportunity too promising to overlook. Contact Harrison for more information. Property ID: #PI83633

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Sold Date

  • 28 February, 2024

Property features

  • Property Type: Home & income
  • Tenure: Freehold
  • Garaging / carparking: Double lock-up, Auto doors (Number of remotes: 1), Off street
  • Joinery: Single Glazed
  • Insulation: Under Floor Heating in Timber Foundation, Walls, Floor, Ceiling
  • Flooring: Polished, Carpet and Other (Polished ChipBoard)
  • Window coverings: Drapes
  • Heating / Cooling: Under floor, Heat pump
  • Chattels remaining: Rangehood, Cooktop, Waste disposal, Wall Oven, Bathroom Heater x 1 Extractor Fans x 2
  • Living area: Open plan, Formal lounge
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Additional rooms: Attic
  • Main bathroom: Bath, Separate shower
  • Laundry: Separate
  • Views: City
  • Outdoor living: BBQ area (with lighting)
  • Land contour: Flat
  • Garden: Garden shed
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
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Office

Harcourts Gold

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 845
  • 4
  • 2
  • 2
  • 4
  • 3

Sold Property

42 Avonhead Road, Avonhead, Canterbury 8042

Twice the Opportunity

To view documentation in relation to this property, please copy and paste this link into your web address bar:
https://www.propertyfiles.co.nz/property/785760004
Please note that asking pricing is for both 40 & 42.
With its TC1 zoning and generous proportions, this double-dwelling property in central Avonhead presents appealing options to investors and forward-thinking buyers.
Hosting a tenanted 190 sqm house that currently yields $800 per week and a separate neighbourhood dairy generating $500 per week, the property is already a lucrative asset.
The existing five-bedroom, two-bathroom home, accompanied by a double garage, was built around 1973 and exhibits vintage interiors reflective of its era to offer ample scope for modernization and enhancement.
While it currently serves as a steady source of income, the true potential of this 842m2 site lies in its possibilities for redevelopment or expansion, especially with the option to acquire the adjacent 615m2 lot and expand the total area to 1457m2.
Nestled in a convenient location, this property is close to essential shopping facilities and only a short drive from the abundant amenities at Bush Inn and Church Corner. With its zoning for multiple schooling options and proximity to key transport routes, it promises ease of living.
Currently functioning as a reliable investment, the prospect of exploring development on this larger plot or encompassing both parcels is an opportunity too promising to overlook. Contact Harrison for more information. Property ID: #PI83633

Property Features

  • Property Type: Home & income
  • Tenure: Freehold
  • Garaging / carparking: Double lock-up, Auto doors (Number of remotes: 1), Off street
  • Joinery: Single Glazed
  • Insulation: Under Floor Heating in Timber Foundation, Walls, Floor, Ceiling
  • Flooring: Polished, Carpet and Other (Polished ChipBoard)
  • Window coverings: Drapes
  • Heating / Cooling: Under floor, Heat pump
  • Chattels remaining: Rangehood, Cooktop, Waste disposal, Wall Oven, Bathroom Heater x 1 Extractor Fans x 2
  • Living area: Open plan, Formal lounge
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Additional rooms: Attic
  • Main bathroom: Bath, Separate shower
  • Laundry: Separate
  • Views: City
  • Outdoor living: BBQ area (with lighting)
  • Land contour: Flat
  • Garden: Garden shed
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
Show More

Sold Date

  • 28 February, 2024
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Harcourts Gold

Office Harcourts Gold Licensed under REAA 2008

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