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Blue-Chip Location, High-Density Potential
Auction on 17 Jul, 10:00 am
Description
--- property information download: https://www.propertyfiles.co.nz/162ClarenceSt ----
Positioned directly across from Westfield Riccarton and zoned for Christchurch Boys' and Girls' High Schools, this 546sqm site offers an unbeatable blend of location, income, and future opportunity. The existing 4-bedroom, 2-bathroom home features separate living and dining areas, and currently benefits from a resource consent to operate a health and beauty clinic.
Adding to its appeal, Elite Thai operates onsite and not only pays your rates and insurance but also provides you with rental income on top-a rare bonus that makes holding this property both easy and rewarding. Best of all, the land is zoned High Density Residential under the active City Plan, presenting exceptional development potential in the years to come.
Secure a prime parcel with holding income in one of Christchurch's most sought-after corridors-this is a smart play for the present and the future.
Detail
- $1.09M
- 120 m2
- 4
- 2
- 1930
- Riccarton
- 546 m2
- None
- House
Property
-
Garage
2 -
Estimated Rental Yield
3.4% -
Improvement Value
$350K -
Zone
9C -
Post code
8011
Gallery
Location
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