1 Newcastle Street Phillipstown, Christchurch City

Discover the potential of this "As Is, Where Is" property set on a Residential Medium-Density (RMD) site. This is a chance to secure a versatile piece of real estate with endless possibilities for savvy investors and developers. Repair or redevelop, the choice is yours and with the property having been consistently rented for the past 13 years it provides an excellent opportunity for rental income while you decide.

The 1910s bungalow, which a previous tenant describes as a sun-trap, retains some character features and has an open plan kitchen, dining and living area with four bedrooms (or three and a second lounge) serviced by two toilets and a separate laundry. The oven, dishwasher, hot water cylinder and thermal lined curtains have all been updated within the past year as an added bonus.

The quiet street is set off a direct route to the city centre and has easy access to other main thoroughfares. Linwood Playground and Pool, Te Aratai (Linwood) College and Eastgate Mall are all within walking distance.

Whether you're a seasoned developer or handy on the tools, this property presents immense potential. Don't miss your chance to make your mark in this evolving suburb.

To access the property files, please copy the below link into your web browser: https://www.propertyfiles.co.nz/property/MET37923

Auction: From 11am, 5 October 2023 at Ray White City Office, 76 Hereford Street, City Centre, Christchurch (unless sold prior)

Want to watch or bid on the auction online? Go to https://x5u9a.app.goo.gl/qz1n