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Sold Property
Dougal Boyd Harcourts Riccarton
Now priced to sell, make no mistake (almost 20% below RV).
Perfect for the savvy investor.
Inner city investment with a long history. Five flats have been virtually fully let for many many years, providing long term accommodation with flats offering 4 bedrooms, 3 bedrooms, and 3 x 1 bedroom plus a studio. Excellent rental return with "a generous yield" makes this stack up as a good short term hold, a do up project, or a re development option. You can be the judge for the best use of this prime north-facing corner site.
An easy walk to the city center. Fantastic profile for a home based business.
Combined RV is $1,510,000 which is $900,000 plus $610,000.
Viewing by appointment. Please phone or text.
The key - 5 flats, 2 titles, 683 sqm CCD should lighten the development contribution component for redevelopment of this 683 square meter proposition, zoned Residential City Central (highly intensive).
Current annual Rental is a combined, just on $100,000 per annum.
Our vendors decision is resolute after some 20 years of ownership, the need has now arisen for the capital to be used for a new chapter in life.
All offers to be presented on Wednesday the 6th of September at 4pm (Unless Sold Prior)
Property files available for download here: https://www.propertyfiles.co.nz/property/RN7531
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: #RN7531
Office
Licensed under REAA 2008
Sold Property
Now priced to sell, make no mistake (almost 20% below RV).
Perfect for the savvy investor.
Inner city investment with a long history. Five flats have been virtually fully let for many many years, providing long term accommodation with flats offering 4 bedrooms, 3 bedrooms, and 3 x 1 bedroom plus a studio. Excellent rental return with "a generous yield" makes this stack up as a good short term hold, a do up project, or a re development option. You can be the judge for the best use of this prime north-facing corner site.
An easy walk to the city center. Fantastic profile for a home based business.
Combined RV is $1,510,000 which is $900,000 plus $610,000.
Viewing by appointment. Please phone or text.
The key - 5 flats, 2 titles, 683 sqm CCD should lighten the development contribution component for redevelopment of this 683 square meter proposition, zoned Residential City Central (highly intensive).
Current annual Rental is a combined, just on $100,000 per annum.
Our vendors decision is resolute after some 20 years of ownership, the need has now arisen for the capital to be used for a new chapter in life.
All offers to be presented on Wednesday the 6th of September at 4pm (Unless Sold Prior)
Property files available for download here: https://www.propertyfiles.co.nz/property/RN7531
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: #RN7531
Dougal Boyd Harcourts Riccarton
Office Harcourts Riccarton Licensed under REAA 2008
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.
386 Curraghs Road, West Melton, Canterbury 7676
$3,200,000 A/9 Wroxton Terrace, Merivale - Christchurch City, Canterbury
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