391 Durham Street North, City

This superb property is situated inside the four avenues within the well established Victoria Precinct. Simply described as a highly desirable location and an area subject to vast growth and development over the coming years. On offer is a decent size 663sqm site (approximately 16m wide by 40m deep) zoned L4C, which provides a multitude of development options. An existing use right for Health related businesses is in place as well. The 1910s dwelling covers approximately 130sqm and is being sold “as is, where is”. The property is currently commercially leased until the end of March 2015. With options to occupy, rent, repair or develop this really is a great opportunity. School zoning for Christchurch Boys and Girls High School, Elmwood Primary & Heaton Intermediate adds to the appeal of residential development. A geotechnical report and further information is available upon request.