5 Cardigan Bay Place, Addington, Christchurch

Live or invest, permanent material home

SOLD

Down a private driveway, on a rear section, this large five-bedroom 210sqm home is on offer to the market for the first time since its construction. Can be purchased tenanted or vacant as a family home.

The current tenancy is in place at $720 per week to a community organisation that provides accommodation for high-needs individuals with live-in carers. You could buy as an investment and continue the lease giving you a good return and provision in place to ensure the condition of the property is looked after.

An open-plan kitchen and dining arrangement is an entertainer's dream, with a separate lounge for additional family comfort. Opening out to the fully fenced rear section, the kids and family pets will love this north-facing retreat. Plenty of space in the five, double bedrooms is well supported by the family bathroom and ensuite in the master. Double garaging with internal access is separated from the home through the separate laundry.

The home has had its earthquake repairs completed and is fully insured. An envious 657sqm size section ensures plenty of space for you to call your own. On solid TC2 land, this property is well established and conveniently located in a handy location close to bike routes into the central city, Addington raceway, Tower Junction and Lincoln Road shops.

With our vendor retiring from property investment, this is the perfect opportunity to secure an already established investment property in a quiet residential street or a large family home.

Multiple properties are available, secure your future on the 4th August at the Investment Auction Day.