AUCTION BROUGHT FORWARD TO THURSDAY AT 10:40AM

RMD Investment Opportunity
Invest or develop this city fringe opportunity in Phillipstown. Situated on 721m2 of prime RMD land with a fixed term tenancy in place until October 2022. With a 9 month lead in, your development project will have the perfect set up, and with Phillipstown being revived block by block, it's easy to see why.

This fully insured character villa consists of 4 bedrooms, 1 bathroom, and a large detached double garage. It is healthy homes compliant. There is a spacious open-plan living area that is heated by a heated pump and log burner. The modernised kitchen flows seamlessly to the dining and living area. The updated bathroom has a separate bath and shower. All qualities that are appealing to tenants.

Features include:
- 4 bedrooms
- 1 bathroom with separate bath and shower
- Open plan modern kitchen
- Heat pump and log burner
- Large detached double garage
- Close to Eastgate Mall and CBD
- Healthy Homes compliant
- Fixed term tenant till October 2022

Do you keep it rented, land bank for future use, or charge ahead and develop the site later next year?

Get organised now knowing that the tenants are paying the rent while you make your mind up. Contact Sue Lazar to learn more about this fantastic opportunity.

Download property files: https://www.propertyfiles.co.nz/property/MET35483

Auction: To be held on the 21st December 2021 at Ray White City Office, 76 Hereford Street, City Centre, Christchurch (USP)

Want to watch or bid on the auction online? Go to https://bit.ly/3o8OTqV