14 Springs Road, Hornby, Christchurch

Investment property with subdivision potential

Please phone for viewing times.

Investors, builders or savvy buyers looking for that subdividable potential, with rental income this is a must view.

The property is currently tenanted on a fixed term till May 2018 at $450 per week.

This weatherboard home was built in the 1950s, all three bedrooms are doubles, with a large, open plan dining and lounge area. There is also a games room/study with an additional toilet.

All the earthquake repairs have been completed and signed off. The property sits on the front of the 1,292sqm section and is TC1 land.

The owner was planning to subdivide and has had plans drawn up to build a three bedroom home on the back, however, a change of circumstance has meant this property must be sold.

This is a very rare opportunity to secure a property with holding income while doing the subdivision.

Call today for further information or to organise a viewing.

Please copy and paste this website address into your internet browser to download the property files: http://www.propertyfiles.co.nz/property/555060