Negotiable Over $870,000

Location is paramount when considering any real estate investment; positioned on a 938sqm freehold site in the heart of Fendalton and within the prime school zones of Christchurch Boys and Girls High Schools, Cobham Intermediate and Fendalton Primary is an opportunity to acquire an astute investment in a golden location.

Originally constructed in the early 1900's this 200sqm four bedroom two bathroom villa has received various renovations and improvements over the years but still leaves options for adding value.

The original features of the Villa include solid Matai floor boards and original Kauri wood panelling through the interior. Recent modernisation comprises insulated exterior walls, a new roof and enduring Sallee carpet.

The modernised open plan kitchen, dining and informal living area with cathedral ceilings opens out to a sheltered courtyard that is ideal for the summer months and well protected from the prevailing Easterly winds. An additional and generously proportioned living area with French doors opening out to the north facing garden and lawn accommodates well for ease of living.

The master bedroom with ensuite is ample in size and takes in views across the lawn and gardens. Three remaining bedrooms offer character with high ceiling studs and timber floors.

Underpinning the investment is the land value that will offer a solid rental return whilst planning future renovations or a modern rebuild.

A separated double garage with off street parking is well located to the southern elevation.

EQC and Private Insurance almost complete with the choice of a gas fire or wood burner reinstatement being the final decision yet to be completed.

A genuine sale after owning the property since 1988 - our vendors have issued clear instructions for sale.

Enquire for a full information pack!