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1/37 Austin Street, Sydenham, Christchurch City

"As Is, Where Is", MRZ - Opportunity Knocks!

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Auction

House
House
Bedroom
3
Bathroom
1
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Saturday
12:00pm - 12:30pm
21
Feb
Sunday
12:00pm - 12:30pm
22
Feb

Auction

Wednesday
10:00am
Holmwood Auction Rooms, 397 Ilam Road
04
Mar

Property details

Listing # IM28428 | Listed on 12 February

To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/1-37AustinSt

Roll up your sleeves and unlock the potential in this early 1900's home with a MRZ (Medium Density Residential) land zoning. Positioned in a super-handy location close to the CBD. This entry-level opportunity is packed with promise for those ready to undertake a project and reap the rewards.

The property is on a cross-lease title and the MRZ zoning would become useful if the property was separated onto a freehold title. That would require the consent and cooperation of the other neighbours on the same title.

Featuring three bedrooms, one bathroom and a generously sized living area, the layout provides a solid foundation to reimagine and add value. Character features hint at the home's heritage charm, just waiting to be restored to their former glory. A carport adds practical convenience.

Location is the real winner here - just minutes from the city and within easy reach of shops, cafes, parks, schools, Waltham Pool and the Port Hills.

This is a great opportunity for renovators, investors, or first-home buyers looking to enter the market and create something special. With a firm directive for the property to be sold, motivation is high.

This is your chance to transform potential into profit.

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.

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Additional features

Water closet
1 Separate toilet
Rates
Rates: $2,900.67 per annum

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