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Nestled amongst the tree-lined streets of this truly blue-chip pocket of Merivale, this stand-alone townhouse presents an exceptional opportunity to secure a property in one of the city's most sought-after neighbourhoods. Complete the picture with a freehold title, Medium Density Residential zoning and just a 2 minute walk from Hagley Park.
Yes - this home needs work. Constructed with monolithic cladding, it will require remedial attention, and it is being sold on that basis. The pricing will clearly reflect the work required, offering buyers the chance to add value and reap the rewards.
The fundamentals, however, are undeniable: a premium address, quality surrounding homes, and a location that consistently underpins strong capital growth. In this position, there is no fear of overcapitalising - invest with confidence knowing you are buying into one of Christchurch's most tightly held areas.
Whether you are a builder, invest