RMD Land - Residential Development Opportunity
This 931m² site on one freehold title presents a fantastic development opportunity. Currently the site houses a fully insured 90m² two bedroom 1940's house, returning $310 per week.
The property is ideally located on a rear section, in an established area of Addington and is within close proximity to both the Christchurch CBD and the Port Hills.
The site is surrounded by established amenities including Tower Junction, Barrington Mall, The Colombo and various supermarkets and eateries.
Zoned Residential Medium Density (RMD) within the Christchurch City Council District Plan, the site creates an abundance of opportunities for astute property investors.
• Zoned Residential Medium Density (RMD)
• 931m2 Fee Simple Title
• Fully insured home
• Holding income of $310 per week
• Potential residential development site
• Ideal infill housing site
• Rear section
• Regular shaped site
• TC2 land
Deadline Sale: All offers on or before 4pm Thursday 21st October 2021 (unless sold prior)
To download the property file, please copy & paste the following link: https://www.propertyfiles.co.nz/property/RX3004706