Seldom do opportunities to make a strategic residential investment like this come to the market on this scale and with this premium location.
Located in the true heart of Riccarton's shopping and commercial zones, you can be assured your current and future tenant demand will be strong in number and in quality. As you would expect to see in a strategic purchase such as this, the location is backed by prominent features and landmarks such as Christchurch Boys High and Christchurch Girls High School zoning, along with Westfield Riccarton Mall and the University of Canterbury. With easy access available to Hagley Park, Christchurch Hospital and the Central City beyond, the popularity of the location will never diminish.
As always with any great property investment, the land itself is key. Zoned RMD and with recent strong rises in value of RMD sites around Riccarton, you can be assured in the underlying value of this purchase. TC 2 land classification adds further to this package.
On offer is a total of 10 x 3 bedroom townhouses. The ownership of this complex of townhouses has been held by the Vendor for over 25 years. This fact speaks volume for the inherent quality of this investment proposition. Contact the Agent for viewing outside of scheduled viewing times.
To review Building Reports, Titles, LIM Reports, Healthy Homes Assessments, EQC Files and Insurance details copy and paste this link - http://www.propertyfiles.co.nz/RN6861
Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same
$4,770,000 20, 20A, 22 Wroxton Terrace, Fendalton
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