87 Studholme Street, Somerfield, Christchurch

Inviting Family Home - Large, Subdividable Section

Auction
From 12pm, Fri 5 May 2017
(unless sold prior)
3 Deans Ave, Chch

Well positioned within a peaceful, family orientated neighbourhood, on an attractive tree-lined street, this spacious family home is set on a private and beautifully established section of approximately 982sqm. Four generous double bedrooms are serviced by a family bathroom, while a separate study could easily be utilised as a fifth bedroom if required. With two spacious, light filled living areas and a lovely big kitchen, there are a variety of options to accommodate both the busy family and those who like to entertain. Having been lived in and loved by the same family for many years, this nicely presented home offers huge scope to further personalise, update and add value. Complete with a free-standing garage and ample off street parking, the property is within zone for Somerfield Primary, Christchurch South Intermediate, and Cashmere High School.

The property has been surveyed and it has been established that (subject to council consent) the rear section of the property could be sub-divided off to create a separate, individually titled section. This presents quite the investment opportunity, as whether you intend to live in the home exactly as it is, or immediately go down the sub-division route, there is significant value to be realised at some point in the near future.

Seldom does the opportunity arise to purchase a substantial family home with such obvious potential in this sought after, family orientated neighbourhood - the subdivision aspect will, without a doubt add to the allure of the property, after all, it would be hard not to recognise the future financial security that such an option promises to deliver. Be sure to visit out first open homes this weekend - our vendors are well and truly committed to the next chapter of their lives and have indicated that the property must be sold on auction day, if not earlier...