Sold Property

14 Stoneyhurst Street, St Albans, Canterbury

  • 1077
  • 16
  • 8
  • 8

$2,640,000

Block-buster!

? Property Files link: please copy & paste link into your web browser, then register & the files will be emailed to you: http://www.propertyfiles.co.nz/property/CR45353

Forget the Oscars, this block of 8 x two-bedroom flats is the real deal when it comes to star performances.

Lucrative - fully occupied and currently returning a rent roll of $2,910 per week ($151,320 per annum), this represents a brilliant nest egg. All units meet Healthy Homes Standard regulations and are professionally managed, so you can "set and forget". Several of the flats are furnished, so you may wish to explore this option further and increase your revenue.

Location - Just outside the Four Aves and strolling distance to Hagley Park, the block's proximity to Victoria St and the CBD means it will always be in demand.

Land - and let's not forget the underlying value presented by 1,077m2 of freehold Residential Medium Density (RMD) zoned land. Enjoy the cash flow, while knowing that your wealth is further underpinned by the long-term options this freehold parcel offers.

Our sellers are 100% serious in their intent, so we suggest you act quickly, lest another savvy investor snaps this block up before the scheduled auction date.

Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same. Property ID: #CR45353

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Sold Date

  • 29 July, 2021

Property features

  • Property Type: Block of units
  • Roof: Tile and Concrete
  • Tenure: Freehold
  • Property condition: Good
  • House style: Other style: Block of flats (two storey), Other (Block of flats)
  • Garaging / carparking: Open carport
  • Construction: Block
  • Joinery: Aluminium
  • Insulation: Ceiling
  • Flooring: Timber and Carpet
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Heat pump
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Dishwasher, Heat pump, Curtains, Refer to detailed inventory listed for each unit.
  • Kitchen: Modern, Open plan, Separate oven and Upright stove
  • Living area: Open plan
  • Main bedroom: Double
  • Bedroom 2: Double
  • Main bathroom: Shower over bath
  • Laundry: In bathroom
  • Views: Private, City
  • Aspect: North, South, West, East
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools
  • More Details URL: http://www.propertyfiles.co.nz/property/CR45353
  • Virtual Tour URL: http://www.youtube.com/watch?v=fomac6FPoT0
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Office

Harcourts City Christchurch

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1077
  • 16
  • 8
  • 8

Sold Property

14 Stoneyhurst Street, St Albans, Canterbury

$2,640,000

Block-buster!

? Property Files link: please copy & paste link into your web browser, then register & the files will be emailed to you: http://www.propertyfiles.co.nz/property/CR45353

Forget the Oscars, this block of 8 x two-bedroom flats is the real deal when it comes to star performances.

Lucrative - fully occupied and currently returning a rent roll of $2,910 per week ($151,320 per annum), this represents a brilliant nest egg. All units meet Healthy Homes Standard regulations and are professionally managed, so you can "set and forget". Several of the flats are furnished, so you may wish to explore this option further and increase your revenue.

Location - Just outside the Four Aves and strolling distance to Hagley Park, the block's proximity to Victoria St and the CBD means it will always be in demand.

Land - and let's not forget the underlying value presented by 1,077m2 of freehold Residential Medium Density (RMD) zoned land. Enjoy the cash flow, while knowing that your wealth is further underpinned by the long-term options this freehold parcel offers.

Our sellers are 100% serious in their intent, so we suggest you act quickly, lest another savvy investor snaps this block up before the scheduled auction date.

Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same. Property ID: #CR45353

Property Features

  • Property Type: Block of units
  • Roof: Tile and Concrete
  • Tenure: Freehold
  • Property condition: Good
  • House style: Other style: Block of flats (two storey), Other (Block of flats)
  • Garaging / carparking: Open carport
  • Construction: Block
  • Joinery: Aluminium
  • Insulation: Ceiling
  • Flooring: Timber and Carpet
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Heat pump
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Dishwasher, Heat pump, Curtains, Refer to detailed inventory listed for each unit.
  • Kitchen: Modern, Open plan, Separate oven and Upright stove
  • Living area: Open plan
  • Main bedroom: Double
  • Bedroom 2: Double
  • Main bathroom: Shower over bath
  • Laundry: In bathroom
  • Views: Private, City
  • Aspect: North, South, West, East
  • Fencing: Partial
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools
  • More Details URL: http://www.propertyfiles.co.nz/property/CR45353
  • Virtual Tour URL: http://www.youtube.com/watch?v=fomac6FPoT0
Show More

Sold Date

  • 29 July, 2021

Alison Aitken Harcourts City Christchurch

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Harcourts City Christchurch

Office Harcourts City Christchurch Licensed under REAA 2008

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