FENDALTON - Never more affordable at $860,000

SOLD - This listing was sold in August 2019
Owners need action on this sophisticated 4 bedroom, 3 bathroom townhouse and has decided to slash the price even further to $860,000 in order to facilitate a quick sale and settlement so that she can move forward. RV is 880,000.

With this location it will become a rarity in the not so far future. Terrific school zones so close to the best Christchurch Schools, where your kids can walk to school. It's a home also for the downsizers who wants to spend more time with their hobbies instead of gardening. This quality townhouse suits the busy executive, a family with teenage kids, or investors looking to reap a good return from the location .

This quality executive two storey townhouse has recently undergone an extensive renovation, resulting in a top notch special home within easy walking distances to choice locations. Ideally positioned, this property enjoys maximum sun and being fully fenced it affords privacy and security. The building plan offers a great indoor outdoor flow with the open plan living and dining downstairs together with the very modern spacious kitchen leading on to the courtyard and easy maintenance lawn ideal for outdoor entertaining. There are two generous double bedrooms with their own ensuites and private wardrobes upstairs.

As an executive rental the property is appraised to be able to return a rental of $790 - $830 per week (Rental Appraisal from Rentworks). Given that you invest 20% with the current bank interest around 4% the mortgage interest will be only $28,000 per year and your gross rental income will be approximately $41,600 based on a figure of $800/week. Property in this location will only increase in time being located so close to shopping and other amenities including desirable high school zones

Location guide: 0.35 km to Christchurch Boys High School
0.75 km to Christchurch Girls High School
0.50 km to Westfield Mall Shopping
1.00 km to Hagley Park
0.50 km to Riccarton House and Bush
1.70 km to University of Canterbury
1.80 km to Hagley Golf Course
2.20 km to Christchurch General Hospital
4.30 km to Christchurch Domestic & International Airport.

Quick viewing encouraged. Call or view at open homes.

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Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same

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Main Property Features

Listing Number: CR38237

Property Type:
Property Features:
Smoke alarms
Coloured steel
Crosslease (fee simple)
Approx year built:
Property condition:
House style:
Garaging / carparking:
Internal access, Auto doors (Number of remotes: 2), Off street
Brick and Cedar
Partial Double Glazing, Aluminium
Tiles, Vinyl and Carpet
Window coverings:
Drapes, Shutters, Blinds
Heating / Cooling:
Heat pump, Other (6x Panel Heaters)
TV aerial, Phone extensions
Chattels remaining:
Blinds, Fixed floor coverings, Light fittings, Stove, Drapes, Rangehood, Alarm, Auto Garage Door Remote x2, TV Aerial (Not Sky), Laundry Taps, Heated Towel Rail x2, Bathroom Heater x3, Heat Pump, Smoke Alarm, Wall Heater, Garage Carpet, Built in Vacuum System
Designer, Modern, Open plan, Dishwasher, Rangehood, Gas bottled and Finished in Other (Engineered Stone)
Living area:
Separate living, Open plan
Main bedroom:
Double and Walk-in-robe
Separate shower
Bedroom 2:
Double and Built-in / wardrobe
Bedroom 3:
Additional Info (Ensuite), Double and Built-in / wardrobe
Bedroom 4:
Additional Info (Walk in Robe & Ensuite) and Double
Main bathroom:
Separate shower
Outdoor living:
Entertainment area (Uncovered), Clothes line, BBQ area (with lighting)
Fully fenced
Land contour:
Backyard access, Tidy
Water heating:
Water supply:
Town supply
Close to schools, Close to shops, Close to transport
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Harcourts City Christchurch

Grenadier Real Estate Ltd

Licensed REAA 2008

98 Moorhouse Ave
Office website or View office details

Property Location