Sold Property

101 Southampton Street, Sydenham, Canterbury 8023

  • 1412
  • 11
  • 6
  • 6

$1,060,000

Change Of Circumstances = Change Of Investor

Download Information Pack: http://www.propertyfiles.co.nz/property/CR33542

Our owners change in circumstances has resulted in an opportunity for an astute investor to secure a 6 unit complex situated on 1412m2 (more or less) of L3 land that borders the CBD.

This central location is an appealing spot for potential tenants. Close proximity to local amenities, The Colombo mall, local parks, public transport, plus the Port Hills for leisure & recreation under pins your investment.

The complex consists of four two bedroom units, one two bedroom flat and one bedroom flat each paired with a single garage. Two of the double bedroom units boast a renovated, open plan space returning $350 per week each, while the other original units currently rented out between $210 and $300, provide scope to further increase this income. Total rent return is $1785.00 per week.

As my owners have both purchased elsewhere, this property will be sold!

Please be aware that the floor area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same. Property ID: #CR33542

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Sold Date

  • 28 March, 2017

Property features

  • Property Type: Block of units
  • Roof: Iron
  • Tenure: Freehold
  • Tenure Detail: Five crosslease titles on a fee simple
  • Property condition: Renovated, Renovator, Fair
  • House style: Other (Block of units)
  • Garaging / carparking: Internal access, Single lock-up, Off street
  • Construction: Plaster and Units are brick, front house is plaster over weatherboard
  • Joinery: Aluminium
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes, Net curtains, Blinds
  • Heating / Cooling: Electric, Other (Heat Pump)
  • Chattels remaining: Blinds, Drapes, Fixed floor coverings, Light fittings, Curtains, x6 Heatpump, x4 Laundry tub, x6 Stanalone oven, x5 Washing line, Wall heater
  • Kitchen: Original, New, Open plan, Separate, Upright stove, Rangehood, Pantry and Finished in Laminate
  • Living area: Open plan, Separate living
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower, Exhaust fan
  • Laundry: Separate and In kitchen
  • Views: Private, City
  • Aspect: North, East
  • Outdoor living: Garden, Deck / patio
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to schools, Close to transport
  • Virtual Tour URL: https://youtu.be/k_P71-6eYmA
  • Video Tour URL: https://youtu.be/k_P71-6eYmA
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Office

Harcourts City Christchurch

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1412
  • 11
  • 6
  • 6

Sold Property

101 Southampton Street, Sydenham, Canterbury 8023

$1,060,000

Change Of Circumstances = Change Of Investor

Download Information Pack: http://www.propertyfiles.co.nz/property/CR33542

Our owners change in circumstances has resulted in an opportunity for an astute investor to secure a 6 unit complex situated on 1412m2 (more or less) of L3 land that borders the CBD.

This central location is an appealing spot for potential tenants. Close proximity to local amenities, The Colombo mall, local parks, public transport, plus the Port Hills for leisure & recreation under pins your investment.

The complex consists of four two bedroom units, one two bedroom flat and one bedroom flat each paired with a single garage. Two of the double bedroom units boast a renovated, open plan space returning $350 per week each, while the other original units currently rented out between $210 and $300, provide scope to further increase this income. Total rent return is $1785.00 per week.

As my owners have both purchased elsewhere, this property will be sold!

Please be aware that the floor area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same. Property ID: #CR33542

Property Features

  • Property Type: Block of units
  • Roof: Iron
  • Tenure: Freehold
  • Tenure Detail: Five crosslease titles on a fee simple
  • Property condition: Renovated, Renovator, Fair
  • House style: Other (Block of units)
  • Garaging / carparking: Internal access, Single lock-up, Off street
  • Construction: Plaster and Units are brick, front house is plaster over weatherboard
  • Joinery: Aluminium
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes, Net curtains, Blinds
  • Heating / Cooling: Electric, Other (Heat Pump)
  • Chattels remaining: Blinds, Drapes, Fixed floor coverings, Light fittings, Curtains, x6 Heatpump, x4 Laundry tub, x6 Stanalone oven, x5 Washing line, Wall heater
  • Kitchen: Original, New, Open plan, Separate, Upright stove, Rangehood, Pantry and Finished in Laminate
  • Living area: Open plan, Separate living
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower, Exhaust fan
  • Laundry: Separate and In kitchen
  • Views: Private, City
  • Aspect: North, East
  • Outdoor living: Garden, Deck / patio
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to schools, Close to transport
  • Virtual Tour URL: https://youtu.be/k_P71-6eYmA
  • Video Tour URL: https://youtu.be/k_P71-6eYmA
Show More

Sold Date

  • 28 March, 2017
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Harcourts City Christchurch

Office Harcourts City Christchurch Licensed under REAA 2008

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