Enquiry over $720,000

OPEN HOME CANCELLED

This exceptional property presents a fantastic opportunity for both first-time buyers and savvy investors. Boasting seven generously sized bedrooms, four full bathrooms, and a separate laundry, it is ideally positioned close to the Christchurch CBD and the newly developed One Stadium. Whether you are entering the property market or seeking a cost-effective investment with solid returns, this home provides substantial value.

The well-designed layout features two bedrooms, one bathroom, a separate laundry, kitchen, and living area on the lower level, while the upper floor includes four additional bedrooms and a bathroom. The standalone studio offers even greater flexibility, with its own bedroom and two bathrooms. Additionally, the studio is double-glazed, ensuring comfort during the cooler months.

Set on a 505sqm (more or less) parcel of freehold land, this property presents significant potential for future development. Opportunities include the addition of a minor dwelling or at the rear, a sleepout, further enhancing its investment appeal.

• Main house comprises six spacious bedrooms and two bathrooms

• Studio with a double glazed bedroom and two bathrooms

• Abundant off-street parking for convenience

• 505sqm (more or less) of freehold land, zoned Residential Medium Density

• Previously rented for $1,000 per week

• Rental appraisals indicate potential earnings of up to $1,120 per week

• Vacant and available for immediate possession

Strategically located just a short distance from the Christchurch CBD and One Stadium, this property offers easy access to local amenities, shopping, and entertainment. The current owners are motivated to sell, with the house sitting vacant. Don't miss out on this fantastic opportunity to secure a versatile and high-potential property.

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