1 Elizabeth Street Riccarton, Christchurch City

** UNDER OFFER**

Seeking an investor with an eye to develop.

Sitting on sought-after L3 land, a rare find so close to Westfield Riccarton, Canterbury University & Mandeville business area.

Here lies the perfect opportunity to begin that development project (space for multiple townhouses!) or add to your rental portfolio.

Currently a 5 bedroom dwelling with fixed term tenancy at $550 per week for the rest of 2014. This income would be surely welcomed whilst you get your future development plans together.

This freehold corner site 675sqm, is for immediate sale.

Develop, land bank, rent or all 3. The choice is yours.

This is a hot property that is sure to create plenty of interest. Don't delay!

"Please be aware that the floor/land area has been sourced from Property Guru and we have not been able to verify the accuracy or what is covered and cannot verify the same."