LAND BANK WITH GREAT CASHFLOW!
A change in circumstances requires that this 400m2 section of RMD land must be sold urgently.
It comes complete with a 3 bedroom plus sleepout/studio rental property currently returning $420 per week. This property is presented in an 'As Is, Where Is' condition.
The opportunity to hold this land, whilst also receiving an income on it before development or renovation, should tick a lot of boxes.
• 3 bedrooms and sleepout / studio
• 400m2 Residential Medium Density land
• Just a 2 minute walk to Eastgate Mall
• TC2 zone
• Rented at $420 per week
• Plenty of off-street parking
• Make an offer!
Our vendors do want to see a sold sign as soon as possible so please do not delay - this development site with ongoing income is ready right now.
Yes, that's the price - Enquiries over $309,000.
Viewing by appointment
"Please be aware that this information has been sourced from third parties including PropertySmarts/ Property-Guru/ Christchurch City Council/ CERA and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only".
Open for Inspection