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A515 Madras Street, Saint Albans
$250,000 listed in May 2014
Section:
Land size: 429 sqm | Building size: 160 sqm [Measure]
Agent: Whalan and Partners Ltd Bayleys, Christchurch

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Property Description:
For Sale - $250,000 (Plus GST)
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Our owner has recently settled with their insurance company so this property is being offered for sale on an "as is where is" basis. Although the currently vacant dwelling may have seen better days, the option is there to clear the sites to make way for a smart new townhouse development. Enticing fully fenced 429sqm section which benefits from Living Zone 3. Currently two dwellings are situated onsite; an as-is-where-is home and a separate garage.

Big potential for lucrative advancement as the surrounding is already proving popular with many new townhouse developments. Any building constructed on the site will take advantage of the corner profile; the site is situated for success. Perfect as a future land bank or for enterprising developers to work on now. CERA zoned TC3.

With the Central City, Edgeware shopping center and The Palms just moments away, this location is incredibly sort after. Zoned for St Albans Primary School, Heaton Intermediate, Shirley Boys High School and Avonside Girls High School.

With many projects on the go our Vendor has decided to offer 515 Madras Street, St Albans to the open market. Any astute investor and developer will recognize the potential. Contact Adam Heazlewood or Amy Spurgeon for more information.
Nearby Schools:
NameTypeDecileDistance
St Paul's School (Dallington)Primary7548 meters
St Mary's School (Christchurch)Primary4831 meters
Mairehau SchoolPrimary41.8 km
Jean Seabrook Memorial SchoolPrimary81.1 km
Christchurch East SchoolPrimary31.6 km
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The property data is from the public websites.

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