50 Mathers Road, Hoon Hay, Christchurch

Renovation Project

This home has been in the same family for generations and is now ready for someone to renovate and freshen up. The potential for this house is as an entry level family home or to be converted into a five bedroom investment property. The house has three bedrooms, a sunroom and a combined bathroom and laundry. The living, kitchen and dining rooms are open plan and facing north.

The underlying land is 830sqm and zoned L1 under the Christchurch City Council City Plan and TC2 under the Earthquake Recovery Zoning. The neighbouring property has been developed in recent years with two townhouses and many properties within close proximity have been subdivided and new houses built on the rear of the section. The house is fully insured with Lumleys and will be available for transfer to the new owner. The EQC claim has been cash settled with approximately $8000 being held for transfer to the purchaser upon settlement.

This could be a great home or project for someone wanting to get ahead.

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