Two houses, two titles, 2,559sqm


82 and 82A Randolph Street, Woolston

Private Treaty

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Two houses, two titles, 2,559sqm | 82 and 82A Randolph Street, Woolston | 5510712 |      X Close
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Two houses, two titles, 2,559sqm


Deadline Sale (unless sold prior)

1pm, Thurs 26 Sept 2019

3 Deans Avenue, Christchurch

Large families, investors and developers will all be intrigued by the opportunity these two homes have to offer. The vendors have created a peaceful oasis within this private setting over the past 18 years, however they are now ready to move on allowing opportunity for land banking, subdivision or some new builds.

82a Randolph is a three bedroom renovated family home surrounded by private landscaped grounds which include a pool and with multiple outbuildings, two studios, two garages, carports, caravan and boat parking as well as a wood shed, all sited on 1,783sqm of TC2 land, zoned Residential Suburban Density Transitional.

83 Randolph has a three bedroom home with is currently rented at $380 per week and is sited on 776sqm of TC2 land, zoned Residential Suburban Density Transitional.

Proposed subdivision plans available which show the potential of keeping both existing houses and creating three more sections ranging from approximately 400sqm to 484sqm plus drive access.

The rental potential for 82a which has a three bedroom house as well as two studios would range from $480 to $525 per week, with 82 currently rented at $380 per week giving potential of a total income of $800 plus per week.

In summary:

- 2,559sqm total land area

- Two x three bedroom houses

- Two titles

- Total potential income up to $800 per week

- Subdivision plan available which will create five titles in total

- Convenient location, close to bus routes and minutes from shops

- Zoning Suburban Density Transition zone

- TC2 yellow

Packed full of potential and ready for an extended family or re-development, the vendors have an opportunity on the horizon, so are ready to move.

Please contact Angela Webb or Kate Mullins for more information or to arrange a viewing.

To download the information pack copy and paste the below link into a new browser: http://propertyinvestmentchristchurch.co.nz/5510712

82 and 82A Randolph Street, Woolston

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