Sold Property

1-5/9 Nelson Street, Riccarton, Canterbury

  • 1012
  • 580 m2
  • 15
  • 5
  • 5
  • 5

$3,800,000

Buy 5 or Buy 10 - Heart of Riccarton

Seldom do opportunities to make a strategic residential investment like this come to the market on this scale and with this premium location.

Located in the true heart of Riccarton's shopping and commercial zones, you can be assured your current and future tenant demand will be strong in number and in quality. As you would expect to see in a strategic purchase such as this, the location is backed by prominent features and landmarks such as Christchurch Boys High and Christchurch Girls High School zoning, along with Westfield Riccarton Mall and the University of Canterbury. With easy access available to Hagley Park, Christchurch Hospital and the Central City beyond, the popularity of the location will never diminish.

As always with any great property investment, the land itself is key. Zoned RMD and with recent strong rises in value of RMD sites around Riccarton, you can be assured in the underlying value of this purchase. TC 2 land classification adds further to this package.

On offer is a total of 10 x 3 bedroom townhouses. The ownership of this complex of townhouses has been held by the Vendor for over 25 years. This fact speaks volume for the inherent quality of this investment proposition. Contact the Agent for viewing outside of scheduled viewing times.

To review Building Reports, Titles, LIM Reports, Healthy Homes Assessments, EQC Files and Insurance details copy and paste this link - http://www.propertyfiles.co.nz/RN6861

Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same Property ID: #RN6861

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Sold Date

  • 29 June, 2021

Property features

  • Property Type: Block of units
  • Property Features: Smoke alarms
  • Roof: Tile and Concrete
  • Tenure: Crosslease (freehold)
  • Property condition: Good
  • House style: Other (Townhouse Block)
  • Unit style: Number in block: 10, Number of levels: 2
  • Garaging / carparking: Single lock-up
  • Construction: Plaster
  • Joinery: Aluminium
  • Insulation: Ceiling
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Heat pump
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Rangehood, Heat pump, Drapes
  • Kitchen: Standard, Separate, Upright stove, Rangehood and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Main bathroom: Separate shower, Exhaust fan, Heater, Additional bathrooms
  • Laundry: Separate
  • Views: Urban
  • Aspect: North, West
  • Outdoor living: Entertainment area (Uncovered and Concrete), Clothesline, BBQ area
  • 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
  • Virtual Tour URL: http://www.youtube.com/watch?v=gZ1lhlfs14s
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Office

Harcourts Riccarton

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1012
  • 580 m2
  • 15
  • 5
  • 5
  • 5

Sold Property

1-5/9 Nelson Street, Riccarton, Canterbury

$3,800,000

Buy 5 or Buy 10 - Heart of Riccarton

Seldom do opportunities to make a strategic residential investment like this come to the market on this scale and with this premium location.

Located in the true heart of Riccarton's shopping and commercial zones, you can be assured your current and future tenant demand will be strong in number and in quality. As you would expect to see in a strategic purchase such as this, the location is backed by prominent features and landmarks such as Christchurch Boys High and Christchurch Girls High School zoning, along with Westfield Riccarton Mall and the University of Canterbury. With easy access available to Hagley Park, Christchurch Hospital and the Central City beyond, the popularity of the location will never diminish.

As always with any great property investment, the land itself is key. Zoned RMD and with recent strong rises in value of RMD sites around Riccarton, you can be assured in the underlying value of this purchase. TC 2 land classification adds further to this package.

On offer is a total of 10 x 3 bedroom townhouses. The ownership of this complex of townhouses has been held by the Vendor for over 25 years. This fact speaks volume for the inherent quality of this investment proposition. Contact the Agent for viewing outside of scheduled viewing times.

To review Building Reports, Titles, LIM Reports, Healthy Homes Assessments, EQC Files and Insurance details copy and paste this link - http://www.propertyfiles.co.nz/RN6861

Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same Property ID: #RN6861

Property Features

  • Property Type: Block of units
  • Property Features: Smoke alarms
  • Roof: Tile and Concrete
  • Tenure: Crosslease (freehold)
  • Property condition: Good
  • House style: Other (Townhouse Block)
  • Unit style: Number in block: 10, Number of levels: 2
  • Garaging / carparking: Single lock-up
  • Construction: Plaster
  • Joinery: Aluminium
  • Insulation: Ceiling
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Heat pump
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Rangehood, Heat pump, Drapes
  • Kitchen: Standard, Separate, Upright stove, Rangehood and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Main bathroom: Separate shower, Exhaust fan, Heater, Additional bathrooms
  • Laundry: Separate
  • Views: Urban
  • Aspect: North, West
  • Outdoor living: Entertainment area (Uncovered and Concrete), Clothesline, BBQ area
  • 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
  • Virtual Tour URL: http://www.youtube.com/watch?v=gZ1lhlfs14s
Show More

Sold Date

  • 29 June, 2021

Sean Innes Harcourts Riccarton

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Harcourts Riccarton

Office Harcourts Riccarton Licensed under REAA 2008

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Need to sell before you Buy?

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