Ilam
102 Memorial Avenue, Ilam, Christchurch
Asking Price NZ$595,000 + GST
(if any)
Intersection of Opportunity
Situated at the bustling intersection of Ilam Road and Memorial Avenue, this property represents a prime piece of real estate in a high-profile area.
Positioned in a high-traffic zone with outstanding visibility, the building is currently occupied by Posh of Holmwood and Posh The Gift Box; however, it's essential to note that the site and building are for sale.
Dating from the 1950s, it occupies a 126sqm (approx.) plot and is zoned for suburban residential use. Structurally sound, the 70sqm (approx.) building has undergone strengthening to 67% of the NBS.
Its eye-catching frontage prominently faces both roads, with security bars and a striking red door adorning the roughcast façade. Inside, the well-organised interior is enhanced by neutral walls, tiling, dark grey carpet, and essential amenities, including a kitchen, a bathroom and a workroom equipped with storage.
A heat pump for added comfort, while the rear parking space offers convenience for clientele.
The distinctiveness of this opportunity calls for swift action from prospective investors. Please contact Chris Jones for more information.
Property files - www.propertyfiles.co.nz/property/5523796
Chris Jones
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Opportunity
Prime opportunity for investors or owner occupiers
Zoning
Residential Suburban
Location
High-traffic zone with outstanding visibility
Parking
Rear parking space
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