Christchurch City Median PriceChristchurch City Median Rent | A50 Memorial Avenue, Fendalton | $809,000 listed in Feb 2016 | House: | Land size: 1,771 sqm [Measure] | Agent: Gold Real Estate Group Ltd |
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| ![](http://photos.harcourts.co.nz/V2/000/010/622/053-PI42344-Christchurch-City.jpg) More Photos |
Map | Street view | Nearby | Property Description: | With our vendors already moved into their retirement home, make no mistake with this one, it's on the market and will be sold!! Underpinned by a huge 1771m2 parcel of TC2 land the word "subdivision" must get all the developers' mouths watering with this property in such a desirable location close to Fendalton Village and with some great school zoning including ChCh Boys and Burnside High plus Fendalton Primary and Cobham Intermediate. The house, although sold with no insurance as our owners felt for them it was easiest to accept the cash payout, is still very liveable and would provide a great rental income for this land-bank. A big house of five bedrooms with two bathrooms and two living spaces might even get the investors excited with an option of maybe room by room rental to push up the return. The home is presently rented and tenants moving out shortly. As I have said, options are plenty and rewards are bound to be significant so view today as this will be SOLD on or before auction day!! |
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