Listed: Thu, 27 Nov

649sqm of MRZ Opportunity (As Is Where Is)

556 Cranford Street, Papanui, Christchurch City, Canterbury

To be sold by auction on 17 Dec, 10:00 am

4 Beds
2 Baths
2 Living areas
649m² Land

Other Features

2 Separate toilets
3 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$700,000
Parking	3 open spaces
Agency reference	FE22668
Broadband in the area	Fibre, ADSL, Satellite, Wireless

Positioned on a generous 649sqm site, this property offers a valuable opportunity in a well-connected and rapidly developing part of Christchurch. Currently configured as two separate residences, the dwelling is offered As Is Where Is, allowing buyers to choose whether to repair, redevelop, or land-bank for the future.

Conjunctional Sales Welcome. Download the Property Information Pack here: https://www.propertyfiles.co.nz/property/L37854702

The rear flat features an open-plan kitchen, dining, and living area, along with a separate bathroom, toilet, and laundry, plus a well-appointed bedroom. The front residence includes three double bedrooms, a spacious lounge, and a separate kitchen and dining area, supported by a bathroom with a shower-over-bath and a separate toilet. The home has also been recently repainted.

Previously yielding a combined $900 per week, the property sits on the city side of Cranford Street, benefiting from excellent access to public transport, shopping, and key arterial routes, with the CBD only minutes away. The TC2 zoning and favourable land size provide flexibility for those considering new builds or multi-unit development (subject to consent). Whether you're an investor, builder, or someone seeking a project in a high-demand location, 556 Cranford Street presents clear potential and a straightforward opportunity to add value. Auction: Wednesday 17th December 2025, Holmwood Auction Rooms, 397-399 Ilam Road, from 10am (Unless sold prior).