Investment - or build with owner

117 Jerrold Street , Addington , Christchurch City
Enquiries $360,000+
Listed: 29 Nov | Ref: SHM318

Residential

3 Beds

1 Baths

2 Garage

Property Description

3 bedroom character home.
Large section with potential for 2 units to be built on rear of section. This could be builder that would build unit at there cost and then split profit with property owner.
Double glazed aluminium windows inside wooden frames
Heat pump
'Smart Vent' ventilation system
insulfluff in ceiling
EQC claim to replace ceilings and walls after minor damage ... no liquifaction
Currently rented and tenants keen to stay on.
Capital value $288: Land $232K, Improvements only $56K (House is worth more than that but keeps rates cheap). Rates $1600 per year
Have just had scope of work from EQC and been out to plaster and repaint all interior walls.
Give me a call to talk about possibilities to do a deal

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Details

Category: Residential
Property Type: House
Rateable Value: $288,000
Floor Area: 180 m2
Land Area: 960 m2
Garage: 2 car garaging
Status: For sale
Amenities: Close to shops, buses, park, pre-school­, church.

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