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- RMD Development
- Convert to a Boarding House*
- Hold and enjoy your yield - The choice is yours!
Currently rented as a room by room providing a handsome return, this functional, weatherboard home has space aplenty with seven bedrooms, three bathrooms, two living rooms and double garaging. There is an immediate opportunity to uplift and add value by updating the home, or potentially utilise all spaces by converting into a boarding house*.
The property is also an attractive candidate for redevelopment, with concept plans available for three and four, two-bedroom townhouses*.
For investors, developers and land bankers looking to secure property in Christchurch’s inner suburbs just minutes from the CBD, this property also offers the benefits of TC2 RMD zoning and immediate cash flow.
What are you waiting for?
Close to Fitzgerald Avenue and located on a quiet side street linking Gloucester and Armagh Streets, this is a fantastically-located opportunity will not be repeated. Contact Opes today to avoid disappointment.
Contact agent for further information and viewing options.
**Landlords must comply with local council requirements before establishing a boarding house. Opes suggested Interested parties to rely on their own investigations.
**Boundary lines are indicative only