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39 Cranford Street, Saint Albans, Christchurch City

Income Now, Options Next

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Auction

House
House
Bedroom
2
Bathroom
2
Floor area
130m2
Land area
581m2
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Property details

Listing # FM8359 | Listed on 16 February

To view the Property File, please copy and paste the link below into your web address bar: http://www.propertyfiles.co.nz/property/L39437289

Investment potential | A & B 39 Cranford Street, Saint Albans

Standing in a high-profile St Albans position, this 585sqm property offers immediate income alongside future potential, appealing equally to investors and those exploring longer-range development pathways.

As it stands, the original dwelling has been arranged into two one-bedroom flats, each with a heat pump and character details, including lead lights and a bay window. Two income streams provide holding strength while plans are shaped, giving buyers the freedom to assess both short-term return and longer-term strategy.

Outside, established yet easy-care grounds, a large patio and ample off-street parking add everyday practicality for occupants or tenants, ensuring the property functions well while future plans are pursued.

The zoning and land size support the possibility of a three-unit development, subject to consent, with any exploration beyond this requiring buyer investigation, while the site's access, visibility, and established amenities strengthen its suitability for residential investment.

Only 200 metres from Edgeware Village and offering a direct connection to the city, the address provides a premium level of everyday convenience, with zoning for Christchurch Boys' High, Christchurch Girls' High, Heaton Intermediate and St Albans School locking in long-term desirability for residents and investors.

Please be aware that this information may have been sourced from Cotality, CCC, REINZ, LINZ & ECAN and we have not been able to verify the accuracy of the same.

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Additional features

Other park
6 other parks
Water closet
2 Separate toilets
Rates
Rates: $4,214.69 per annum

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