Sold

1-4/374 Blenheim Road,
Upper Riccarton, Christchurch City

8 bedrooms
4 bathrooms
4 car spaces
Townhouse

Price withheld


Property details

Chattels

  • Cooktop Oven
  • Stove
  • Rangehood
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Drapes

Prime Investment - 4 Two-Bedroom Units

To be sold as one lot - this is a rare opportunity to secure a block of four, two-bedroom, one-bathroom units. Fully tenanted - (on periodic tenancies) with desirable undercover car parking at the rear for all units.

https://www.propertyfiles.co.nz/844370003

Ideal for investors looking to seamlessly add to their property portfolio located in a sought after pocket of the city - Equally desirable to working professionals and university students alike.

Key Features:
- Achieving strong and regular rental income - Each unit currently rented for $380 per week - (a combined annual income of $79,040 per annum)
- Solid 1970s construction - all units are single level with a durable Summerhill Stone exterior
- Land size - 761m2
- Zoned Residential Suburban, TC1
- Healthy home certificates available for review
- In-zone for sought-after schools including Riccarton High School, Riccarton Primary School, Kirkwood Intermediate

Conveniently situated just minutes from key amenities, including Canterbury University, Christchurch International Airport, Riccarton Mall, and Bush Inn Centre and easy access to public transport makes commuting a breeze.

There have been internal upgrades to some units in recent times. All units provide potential for further enhancement further increasing desirability and the opportunity to add value.

Don't miss this compelling opportunity. Contact me to arrange an on site viewing today.

Explore the area


School catchments

  • Middleton Grange School Composite Years 1-15 State integrated 0.31km
  • Te Kāpehu Riccarton School Full primary Years 1-8 State 1.1km
  • Kahikatea Kirkwood Intermediate Intermediate Years 7-8 State 1.2km
  • Our Lady of Victories Full primary Years 1-8 State integrated 1.4km
  • Ilam School Primary Years 1-6 State 1.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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