Development Opportunity With Holding Income
Two adjoining residential houses, both four good bedrooms and both tenanted.
Tremendous development site being a corner position and a total land area of 1594m2 allowing a comprehensive development plan.
Zoned Living 2 under the Operative District Scheme and Residential Suburban Density Transition under the proposed Scheme.
Present return from both properties is $1100 per week on fixed terms until January 2017.
*Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same.
Location & What's Nearby
7 Tika Street & 44 Centennial Avenue, Riccarton