45 Bamford Street, Woolston, Christchurch

River outlook development project

Price by Negotiation

Superbly positioned this 2,583sqm (approx.) block of development land is now available to purchase and comes complete with preliminary Architect designs for eight townhouses.

Currently the land is divided into three freehold titles, including a three bedroom house, two bedroom house and a vacant section. The empty section is presently leased at $200pw, the two bedroom is leased at $365pw and the three bedroom is returning $275pw, giving a total holding income of $840 per week.

Zoned within the Christchurch City Council Residential Suburban Density Transition Zone and Land Zone Technical Category 2 (TC2).

Strategically purchased over a period of years these properties are now offered for a combined sale as a develop project or land banking opportunity.

Both houses are fully insured and had all EQC work completed and signed off.

With retirement looming and after years of property development and ownership the owner has decided it is time to allow the next generation the opportunity to make a mark on Christchurch.

The popular Tannery shopping complex close by, the river outlook and an easy commute to the inner city, this development will be a star feature in the Christchurch market place.

Please contact Angela Webb or Jeremy Speight for more information or to arrange a viewing.

To download the information pack copy and paste the below link into a new browser: http://propertyinvestmentchristchurch.co.nz/558740