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Waltham

7 Buffon Street, Waltham, Christchurch

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505sqmΒ Land area SQM
3Β Bedrooms
1Β Lounges
1Β Bathrooms
1Β Parking

Auction

(unless sold prior)

Packed full of potential


SOLD UNDER THE HAMMER

This property is packed full of options for first home buyers, developers or investors. The three-bedroom home with a single garage is sited on 505sqm of freehold RMD (Residential Medium Density Land). With a current lease in place to a community trust, there is the opportunity for investors to capitalise on the current rental income or vacant possession can be obtained for buyers who are wanting a family home.

The house has great bones, with three bedrooms and a large living space that opens out to a private rear section. An updated galley kitchen, a new bathroom and a separate laundry make this property very practical for the tenants or homeowners.

Currently rented on a fixed term tenancy until the 1st of November 2021, with the rental set at $420 per week.

The property has had its repairs completed following the earthquakes and is currently fully insured, all the while sitting on 505sqm of TC2 Residential Medium Density land.

- Three bedrooms
- One bathroom
- Zoning - TC2 Residential Medium Density Land
- Single external access garage
- Fully repaired and insured
- Floor area 90sqm
- Land area 505sqm

With the property being excess to the vendors needs, this is the right time for you to get your foot on the ladder or acquire a new project. This property is a must-see in the upcoming area of Waltham.

Auction
(unless sold prior)

3 Deans Avenue, Chch

14

Oct

Time12pm
Calander
Calendar
Angela Webb

Angela Webb


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Cooper Stewart

Cooper Stewart


Bayleys Property Services Ltd,
Licensed under the REA Act 2008

Features

Development


With the home being on Residential Medium Density development land, there is real potential to utilise this land further.

Investors


With a strong lease in place, there is great cashflow on offer.

Starter


This property is in the first home buyers bracket and would provide a great start to someone looking to get on the property ladder.