12 Burnett Street, Ashburton, Ashburton

Enchanting Cottage

Auction: From 1pm, Friday 29 November 2013, Hotel Ashburton, Racecourse Road, Ashburton

Astute buyers will recognise the potential in this property. Very cute cottage consists of one single and two double bedrooms, living, separate kitchen, bathroom and a separate laundry. There is also a standalone single garage. The dwelling is tidy and in reasonable condition and sits on 499sqm of prime land with frontages to both Burnett and Short Streets. The property is currently tenanted and the tenant is keen to stay on as they love the cottage and the location. This will be a fantastic development site, either now or in the future. Can you see the potential?

PLEASE NOTE: The land is owned by the Ashburton District Council and is Leased to the owner of the property in the way of a Glasgow Lease. These leases are for periods of 21 years with reviews every 7 years. The freehold can be purchased from Ashburton District Council by the person who holds the lease at the time, (no-one else can purchase the freehold). There are a few basic requirements Ashburton District Council need followed, please check with them for specifics.