8 Kahu Road, Riccarton

Location is always a key factor in any astute investors portfolio and this address is just the ticket. Perfectly located across the road from Deans Bush and Riccarton House. The location is not the only treat in store for the next fortuitous owner with its close proximity to Canterbury University and College of Ed as well as Mona Vale. This is a dream location for investment and the time is now to seize the opportunity as it has not changed hands for over 24 years. The property is a freehold title of 815sqm (approx) with two homes on site. The street facing house is a large two living 160sqm (approx) three double bedroom family home with double garaging. The second house on site is to the rear of the title and offers separate drive access and offers 82sqm (approx) of living space offering three bedrooms as well. The houses earthquake repairs were managed by Fletchers Construction, sign offs available. The land really is the key to this great opportunity and the houses, both a little tired and weary, have offered great returns in previous years. School Zonings on offer are Girls and Boys High, Burnside, Villa Maria and St Thomas with the Christchurch Hospital and Hagley Park just a short stroll away making the rental opportunities here endless (healthy homes certificates available). You are also spoilt for choice with Westfield Mall, several bus routes, many cafes and restaurants just a quick drive or walk away. Whether you plan to build, land bank, and rent or have development in mind you cannot walk away from this property as it is one of the best offerings to the market for years. Get your next bargain while the market is in recovery and seize the potential of this amazing location. Auction 21 March unless sold prior