546 Hereford Street Linwood, Christchurch City

Held tightly by one family for over 50 years but now it is time to pass onto a new owner.

Calling all Developers and Investors - 546 Hereford Street on a corner site of Hereford and 15 Tancred Street, is on the market to be sold.

The 622m2 parcel of land being zoned TC2 and CCC Residential Medium Density Zoned opens up possibilities for multi-unit development, which could be a lucrative venture down the line.

Additionally, the potential for future development due to its zoning adds another layer of value.

Located in a direct line to the central city and 100 meters to the 'Under The Red Veranda" Cafe - an easy commute for those who work in the CBD. Shops and bus stops are metres up the road.

The house itself was built in the early 1900s. Approximately 140m2 it is currently divided into two flats.

The city is changing at a rapid speed with so many exciting new builds going up in and around the city, opportunities such as this are getting snapped up quickly. It makes for superb buying where you can sit tight and land bank for now, knowing you have time to plan out your build whilst earning an income. Don't let this one slip through your figures.

***Viewing by appointment only***

For your copy of the information file including a LIM Report and Title please copy and paste this link into your browser:https://raywhitemorrisandco.co.nz/KAI30469#documents or enquire directly online. It would be our pleasure to assist you.