Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and EditorialLive Auctions

Avonside

130 Kerrs Road, Avonside, Christchurch

Watchlist
Share
Sold
Slide 1 of 14
1 OF 14
5516495_1.jpg
5516495_2.jpg
5516495_1.jpg
5516495_2.jpg
5516495_1.jpg
5516495_2.jpg
951sqmย Land area SQM
3ย Bedrooms
1ย Lounges
1ย Bathrooms

Offers/Enquiries Over NZ$579,000

House and land - Development opportunity


130 Kerrs Road in Avonside is a mouth watering opportunity for the right buyer to secure a quality development opportunity. With land in short supply and demand for property at an all time high, this could be a fantastic project or long term hold for the eventual buyer.

Currently at the front of the property sits the original three bedroom, one bathroom home which is currently rented on a periodic basis for $350.00 per week. The home offers a spacious open plan living, kitchen and dining room as well as two double bedrooms and one single bedroom. The kitchen is large and offers loads of bench space and storage and while it could benefit from updating it is perfectly functional. Originally built in the 1940's there are glimpses of the original home with wooden panelling lining the hallway area. This home is fully insured but is to be sold on an 'As it is basis'.

The real value of this property lies in the 951sqm TC2 land area which allows for potential subdivision with the original home providing a holding income with the potential to modernise to add further value or to demolish and start again.

At a glance

-951sqm
-TC2 land category
-Residential suburban zoning
-Home fully insured with State Insurance
-Currently rented for $350.00 PW on a periodic basis
-Minor EQC repairs to be completed
-Potential to subdivide

Option a plenty, 130 Kerrs Road could be an ideal next project or an astute addition to an existing portfolio for the eventual buyer. Please contact Shaun or Liam from Bayleys Prestons today to find out more.

To download the property files please visit: https://www.propertyfiles.co.nz/property/5516495

Shaun Creek

Shaun Creek


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Liam Worsfold

Liam Worsfold


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

Features

Currently rented


$350 per week on a periodic basis

Fully insured


the home is fully insured with State insurance

Option a plenty


ideal next project or addition to an existing portfolio

TC2 land


sitting on 951sqm of land which allows for potential subdivision