Sold Property

1-6/118 Office Road, Merivale - Christchurch City, Canterbury 8014

  • 6
  • 6
  • 6

$1,825,000

Zoned Cash Cow On 804m2 Of Blue Chip!

Arguably one of the biggest investment opportunities on the market right now.

* To download the Information Pack , copy and paste the URL into your web browser-https://www.propertyfiles.co.nz/property/CR43488

Our owners have committed to a new venture and have made the decision to sell this prime block of units in the heart of Merivale. If big cash flow and substantial growth in one of the regions hottest suburbs is what you're after then we recommend you are in the auction rooms on the day as this property provides exactly that and will without doubt be SOLD.

- 6 x 1 Bedroom, 1 Bathroom Units on over 800m2
- Opposite Merivale Mall Carpark & west facing yards
- Current income of over $85,000 annually with scope
- All currently rented on either fixed or periodic tenancies
- All up to current rental insulation standards

Please register your interest immediately as this property is set to generate strong interest.

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same Property ID: #CR43488

Show More

Sold Date

  • 30 July, 2020

Property features

  • Property Type: Block of units
  • Tenure: Freehold
  • Property condition: Good
  • Garaging / carparking: Open carport
  • Construction: Block
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes
  • Heating / Cooling: Heat pump
  • Chattels remaining: Fixed floor coverings, Light fittings, Drapes, Heat pump (x6), Upright Stove (x6)
  • Kitchen: Original and Upright stove
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Aspect: West
  • Outdoor living: Clothesline
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
  • More Details URL: https://www.propertyfiles.co.nz/property/CR43488
  • Virtual Tour URL: http://www.youtube.com/watch?v=TAs_lNLOtv0
Read More

Office

Harcourts City Christchurch

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 6
  • 6
  • 6

Sold Property

1-6/118 Office Road, Merivale - Christchurch City, Canterbury 8014

$1,825,000

Zoned Cash Cow On 804m2 Of Blue Chip!

Arguably one of the biggest investment opportunities on the market right now.

* To download the Information Pack , copy and paste the URL into your web browser-https://www.propertyfiles.co.nz/property/CR43488

Our owners have committed to a new venture and have made the decision to sell this prime block of units in the heart of Merivale. If big cash flow and substantial growth in one of the regions hottest suburbs is what you're after then we recommend you are in the auction rooms on the day as this property provides exactly that and will without doubt be SOLD.

- 6 x 1 Bedroom, 1 Bathroom Units on over 800m2
- Opposite Merivale Mall Carpark & west facing yards
- Current income of over $85,000 annually with scope
- All currently rented on either fixed or periodic tenancies
- All up to current rental insulation standards

Please register your interest immediately as this property is set to generate strong interest.

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same Property ID: #CR43488

Property Features

  • Property Type: Block of units
  • Tenure: Freehold
  • Property condition: Good
  • Garaging / carparking: Open carport
  • Construction: Block
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes
  • Heating / Cooling: Heat pump
  • Chattels remaining: Fixed floor coverings, Light fittings, Drapes, Heat pump (x6), Upright Stove (x6)
  • Kitchen: Original and Upright stove
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower
  • Laundry: In bathroom
  • Aspect: West
  • Outdoor living: Clothesline
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
  • More Details URL: https://www.propertyfiles.co.nz/property/CR43488
  • Virtual Tour URL: http://www.youtube.com/watch?v=TAs_lNLOtv0
Show More

Sold Date

  • 30 July, 2020

Jonny Nicholls Harcourts City Christchurch

Request Live Stream Inspection
Harcourts City Christchurch

Office Harcourts City Christchurch Licensed under REAA 2008

Map Location

Get Directions

Need to sell before you Buy?

Need to sell before you Buy?

If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.