113 Suva Street

Upper Riccarton Canterbury

668 m²

House

Currently for sale - view listing

Overview

Two Dwellings! One Strategic Opportunity!

Positioned in the sought-after suburb of Upper Riccarton close to Canterbury University and Westfield Mall, 113 Suva Street presents an exciting opportunity for developers, investors and land bankers alike looking to secure a substantial land parcel with considerable income potential. A savvy investor will spot the obvious upside here. To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/L43313376 Set on 668m² of HRZ (High Density Residential Zone) land, this property features two homes on one title. Front house - Currently a 3-bedroom, 1-bathroom Summerhill stone home with substantial decking this could easily be converted to 4 bedrooms for extra income. Periodic Tenancy. Situated between the two dwellings is a versatile style double garage. Subject to the appropriate council consents this could potentially be converted to a two-bedroom sleep out providing huge upside in rent. Rear dwelling - Very tidy 1-bedroom, 1-bathroom dwelling with private yard to be sold with vacant possession. Leave the configuration as they are or tweak to yield a substantial return the choice is yours. LOCATION, LOCATION, LOCATION - Conveniently located close to schools and a wide range of amenities, including the University of Canterbury, Bush Inn Centre, Westfield Riccarton, local shops and public transport. - Whether you're an investor looking to expand your portfolio, a developer exploring future possibilities or a land banker seeking a strategic position in Upper Riccarton, this property deserves your attention. One thing is certain, our vendor demands a result on or before Auction Day so don't delay your enquiry. Auction | Wednesday 4 November from 10:00am (unless sold prior), Holmwood Auction Rooms, 397 Ilam Road

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

668 m² lot size

House

Happy sellers in Upper Riccarton

81%

81% of sellers in Upper Riccarton reported that their sale price either exceeded or met their price expectations.

Upper Riccarton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Upper Riccarton over the last 12 months.

Local market activity for 4 bedroom houses in Upper Riccarton

In the last 12 months, 14 four-bedroom houses similar to 113 Suva Street, have been sold.

This represents a 116% decrease in four-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

Ravi Prasad

at Harcourts Holmwood Real Estate Ltd Ilam 2 Office

(16 reviews)

View listing

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