Spread across two titles, this expansive parcel of Medium Density Residential zoned land presents an exciting opportunity for a new owner to unlock its full potential. The total holding is estimated to be an impressive 1,400sqm (more or less), with the stated area incorporating driveway space and shared land allocation.
7A Memorial Avenue is a freehold title, while 7 Memorial Avenue is cross-lease. Subject to Christchurch city Council approval, changes to existing titles could allow both parcels to be thoughtfully integrated into an innovative development - rewarding those with the vision to see beyond what currently exists.
Details - 7 Memorial Avenue
• Insured art deco home
• Two bedrooms, one bathroom and one living room
• One heat pump
• Double garage
• Upgraded over the years, with scope to further modernise
• Currently tenanted at $550 per week on a fixed-term tenancy until December 2026
• Cross-lease title
Details- 7A Memorial Avenue
• 'As is, where is' weatherboard home
• Three bedroom, two-bathroom weatherboard home with two living areas
• Partial double glazing and one heat pump
• Gas hob and hot water
• Off-street parking and garden shed
• Vacant
• Freehold title, 1,047sqm (more or less)
Zoned for Christchurch Girls' High, Christchurch Boys' High, Burnside High, Cobham Intermediate and Fendalton Primary, to name just a few of the highly regarded local schools, this location is hard to beat. With Fendalton New World and a range of adjoining amenities right next door, everyday convenience is assured.
Purchase and add value, redevelop the site, or simply landbank for the future - the options are as compelling as the location.
Open homes will be conducted at 7A Memorial Avenue. Viewings of 7 Memorial Avenue can be arranged by appointment for genuinely interested parties. As 7 Memorial Avenue is currently tenanted, we kindly ask prospective purchasers not to inspect the exterior of the property outside of scheduled viewing times. Thank you for respecting the privacy of the tenants.
Please note, the advertised land area is an estimate only. Prospective purchasers are advised to undertake their own due diligence.
To download the property files, copy and paste into your browser: https://www.propertyfiles.co.nz/5531914
