12 Hargest Crescent

Sydenham Canterbury

Unit

Currently for sale - view listing

Overview

Four-unit investment - as is, where is

Auction (unless sold prior) from 11am, Thu 26 Nov 2026 3 Deans Ave, Christchurch An opportunity for investors, developers, and land bankers to secure a substantial 1,016sqm (more or less) landholding in a sought-after city fringe location. Offered on an "as is, where is" basis, the property comprises four residential units on separate titles, currently generating $66,560 in annual rental income. A recent rental appraisal indicates potential income of up to $83,200 per annum, highlighting the opportunity to enhance returns. Zoned Medium Density Residential, the property offers potential for future redevelopment, subject to the necessary consents and approvals. Key features: • 1,016sqm (more or less) freehold landholding • Medium Density Residential zoning • Four separate titles • Four two-bedroom residential units • Each unit has its own garage • Currently generating $66,560 in annual rental income • Recent rental appraisal indicates potential income of up to $83,200 per annum Collect the income today, unlock the potential tomorrow. Please copy and paste this website address into your internet browser to download the property files: https://www.propertyfiles.co.nz/5532186