Auction (unless sold prior)

12pm, Thurs 31 Oct 2019

3 Deans Avenue, Christchurch

Superbly positioned within the highly sought after 'three streets' of Christchurch's inner city, Conference, Beveridge and Peacock Street have been hot property for decades and properties are seldom relinquished. Underpinning the value is the land and location, which is supported by the strong cash-flow from four 1970s apartments.

Spread over two levels, the four apartments are two bedrooms, one bathroom each and have been well maintained to produce a consistent income for many years for the current owner, currently achieving over $63,000 per annum.

The future development of the land for a family home or a boutique apartment development will hold interest for many, the total available freehold land is 494sqm, with four overlaying unit titles, zoned TC2 and Residential Central City.

Zoning for Christchurch's finest schools, including Christchurch Boys' and Christchurch Girls' High, not to mention the close proximity to a host of exclusive private schools, offers all the assurances one could wish for as to the strength of your investment.

Properties are tightly held in this thriving location, being an easy stroll to Hagley Park, the city centre with its newly developed shops, cafes, entertainment and the vibrant Victoria Street precinct is virtually on your doorstep. Our vendor is ready to release her equity in this well-held property and is determined to sell.

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

Find out more about us at www.propertyinvestmentchristchurch.co.nz.

To download the information pack copy and paste the below link into a new browser: http://propertyinvestmentchristchurch.co.nz/5510989