Auction (unless sold prior)
10am, Thurs 15 Apr 2021
3 Deans Avenue, Chch
This tidy 'as is, where is' three-bedroom home is very liveable and has been rented to the same tenants for the last five years. With three double bedrooms, two located at the front of the house, and a large double is at the rear. The toilet is separate and the bathroom has been updated and is tidy with a shower over the bath and a modern vanity. The property flows nicely with a large living room featuring French doors opening onto a patio and large garden which catches the sun nicely with north and west aspects. The spacious family kitchen is tidy and has been upgraded some time ago. A double garage is located at the back of the property with off-street parking and a large back yard.
This property is currently rented at $375 per week to tenants that are keen to stay on. Market rent for three-bedroom houses in this area range from $425 to $475 per week with a median rent of $450 per week as per the tenancy services website.
The property is being sold on an 'as is, where is' basis, with no insurance in place, however the vendors have upgraded the sewage system, updated the bathroom, installed a heat pump and insulated the property. Sited on 662sqm of TC3 Residential Suburban freehold land, which could hold great value for someone looking to repair or rebuild the property.
- TC3 Residential Suburban zone
- Double garaging
- 'As is, where is'
- Quiet street in New Brighton
The vendors are looking to downsize their current large holding around Christchurch and are very serious about moving this property onto the next investor.