Presented to the market on an 'as is, where is' basis, these tenanted two-bedroom units on a rear 959sqm section within Fendalton will attract considerable interest and can be bought either individually or as a pair.
New sewer and water drainage, underground power and fibre are convenient bonuses, and while partial EQC repairs have been completed on both properties, it's anticipated they are destined for a complete overhaul.
Each unit shares similarities in that they contain two bedrooms, a bathroom and heat pump.
The front unit features a practical living layout which hosts a separate kitchen and lounge as well as a dedicated laundry. A grassed area at the front is an appealing feature, with a carport providing parking.
The rear unit enjoys the convenience of an internal access garage and external shed, while inside, it also includes a north-facing conservatory in addition to the kitchen and living area.
Visionary purchasers may decide to redevelop the site to its full potential and construct either one masterpiece or two two-level townhouses that take in the distant mountain views. Better yet, sketch plans are available for consideration to assist you in envisioning what could be.
Both units are occupied on periodic tenancies, and this ensures you could continue earning an income stream while deciding how you will ultimately utilise the site.
Situated only a short stroll or drive from the Fendalton Village shopping centre and restaurants and the Strowan shops, this property is also zoned for Burnside High School, CBHS and CGHS which further underpins the value of your investment.
Regardless of your strategy, this property will without doubt capture the attention of many. Contact me for more information.
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Please be aware that this information may have been sourced from RPNZ/LLUR/REINZ/Property Guru/Land Information New Zealand/Christchurch City Council/CERA and we have not been able to verify the accuracy of the same.
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