19/02/2024
Prime Dual Title 'RCC' Opportunity!
This exceptional dual-title property, spanning 506 sq m and benefiting from Residential Central City (RCC) zoning, presents a prime development prospect in the heart of the city centre, perfectly suited for visionary urban projects.
Offering a magnificent canvas for development, it currently hosts two homes under periodic tenancies, providing a versatile option for investors to either land bank or initiate redevelopment.
The front dwelling is loaded with charming elements and is in commendable condition, offering quaint aesthetic appeal with its two-bedroom layout.
The rear dwelling offers basic two bedroom accommodation with the addition of a sunroom, laying the groundwork for a transformative makeover.
Both properties enjoy the added advantage of multiple off-street parking, enhancing overall convenience. Moreover, the city's wealth of amenities and attractions are remarkably accessible, placing everything within effortless reach.
Developers and investors seeking to capitalise on the demand for central city living, with the flexibility to enhance or transform the existing structures, will find this distinctive opening particularly appealing.
Immediate engagement is recommended to explore the full potential of this rare city-centric parcel.
Boundary lines indicative only.
While both homes are currently insured they will be sold on an 'as is, where is' basis
Auction: 12:00 p.m. Wednesday 13 March 2024 (unless sold prior) at NZSIR Canterbury Office, 60 Cashel Street, Christchurch
To download the property file please copy and paste the following link: https://propertyfiles.co.nz/property/CHR10026
