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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, investor, or visionary purchaser ready to unlock potential on a freehold title, this is a rare chance to secure a foothold in elite Merivale at an entry level rarely seen.
With our overseas owner committed to a sale, this property must be sold.
Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.*