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This is either a project for the not so faint-hearted, or an amazing opportunity to secure land with an incredible outlook in arguably Cashmere's best street. Built during the 90s, the home is a typical leaky home design and will be sold warts and all. Repairs completed post-earthquake mean it is now re-insured however it is still a real renovation project or alternatively, the value is in the land. You decide. It has been a sturdy investment, however with the tenants moving on, and our realistic sellers' plans changing, there is a strong desire to sell.
Astute buyers will see the opportunity to take this to the next level and reap the rewards for their efforts as the home is surrounded by multimillion dollar properties. Alternatively, it will be an entry level investment into the location underpinned by its land value.
With clear instructions to sell, this is an opportunity not to be missed.