Listed: Fri, 1 May

Priced to Sell - Excellent Investment Opportunity!

9 Kershaw Place, Richmond, Christchurch City, Canterbury

Asking price $369,000

1 Bed
1 Bath
496m² Land

Other Features

1 Separate toilet
1 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$450,000
Parking	1 open spaces
Agency reference	AH24828
Broadband in the area	Fibre, ADSL, Cable, Satellite, Wireless

Use this link to download the Property Files: https://www.propertyfiles.co.nz/9KershawPlace

The owner is moving on and wants this property sold, presenting a clear opportunity to secure a freehold MRZ site with genuine upside.

Set on a freehold title in the Medium Density Residential Zone (MRZ), this refreshed one-bedroom home can be lived in or rented immediately, with scope to utilise the rear portion of the site to potentially increase rental yield over time (subject to council approval).

The real value sits in the land.

Concept work has been completed exploring the potential for two, two-bedroom townhouses at the rear of the site, giving buyers a clear starting point when assessing development potential (subject to council approval).

Whether you're looking to:

hold and landbank add further accommodation to increase returns explore a townhouse development or secure an entry-level MRZ site the flexibility here is what makes this opportunity stand out.

One-bedroom home, tidy and rentable
Freehold title
Zoned Medium Density Residential (MRZ)
Rear yard with potential to enhance yield (subject to council approval)
Concept work available for two townhouse development (subject to council approval)

Located close to The Palms, Richmond Park, and everyday amenities, the fundamentals are already in place - it's now about what you choose to do with it.

Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.*

Open home times

Sat, 23 May
1:00 pm to 1:30 pm
Sun, 24 May
1:00 pm to 1:30 pm

Property Files

Discover more about this property.

Request the files from Mark.

These property files are supplied by the agent and Trade Me Limited has no responsibility for the completeness or accuracy of the property files

Local Schools

IN ZONE pareawa banks avenue school
57 Averill Street
464 m
Contributing (Primary), State, 398 enrolled
IN ZONE te oraka
60 Shirley Road
958 m
Intermediate (Intermediate), State, 198 enrolled
IN ZONE mairehau high school
Hills Road
2.8 km
Secondary (Year 9-13) (Secondary), State, 442 enrolled

IN ZONE te puna wai o waipapa - hagley college
510 Hagley Avenue
3.8 km
Secondary (Year 9-13) (Secondary), State, 2120 enrolled
IN ZONE hillview christian school
150 Wilsons Road
4.4 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 545 enrolled
IN ZONE christchurch adventist school
15 Grants Road
4.5 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 266 enrolled
IN ZONE marian college
2 Lydia Street
5.3 km
Secondary (Year 9-13) (Secondary), State : Integrated, 417 enrolled
IN ZONE middleton grange school
30 Acacia Avenue
7.2 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 1376 enrolled
OUT OF ZONE te hiwa shirley primary school
11 Shirley Road
1.2 km
Contributing (Primary), State, 368 enrolled
OUT OF ZONE whītau school
221 Woodham Road
1.4 km
Contributing (Primary), State, 313 enrolled
UNZONED te pā o rākaihautū
7 McLean Street
1.6 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 203 enrolled
OUT OF ZONE christchurch east school
311 Gloucester Street
1.8 km
Full Primary (Primary & Intermediate), State, 316 enrolled
UNZONED st mary's school (christchurch)
375 Manchester Street
1.9 km
Full Primary (Primary & Intermediate), State : Integrated, 123 enrolled
OUT OF ZONE chisnallwood intermediate
90 Breezes Road
2.4 km
Intermediate (Intermediate), State, 429 enrolled
OUT OF ZONE te aratai college
85 Aldwins Road
2.4 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 1299 enrolled
UNZONED catholic cathedral college
62 Ferry Road
2.6 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 594 enrolled
OUT OF ZONE haeata community campus
240 Breezes Road
2.9 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 580 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.