Sold Property

1,2,3/31 Kilmarnock Street, Riccarton, Canterbury 8011

  • 961
  • 280 m2
  • 6
  • 3
  • 3

$1,000,000

A Winning Combination! The Choice Is Yours!

Excellent opportunity for investment and redevelopment. This fully tenanted block of 3 units offers an immediate income stream underpinned by the security of solid and low maintenance Summerhill Stone construction in a sought after location.

3x 2 bedroom units on 961m2 section. Zoned RSDT (the old L2). Situated within walking distance to Hagley Park and close proximity to Riccarton.
Rent all 3 units and land bank for the future! Don't delay as opportunities in this location are rarely offered to the market.

Zoned Christchurch Boys' High and Christchurch Girls' High.

Flat 1 is currently rented at $295 per week with internal access garage.
Flat 2 is currently rented at $280 per week with external garage.
Flat 3 is currently rented at $285 per week with external garage.

Whether you plan to rent and hold or redevelop the 961m2 site, be assured the owners are wanting one option - to be SOLD!

Please note - For sale are 3x 2 bedroom units on 3x cross-lease titles totaling 961m2 of Fee simple title Property ID: #IL2128

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Sold Date

  • 04 October, 2017

Property features

  • Property Type: Block of units
  • Roof: Tile and Concrete
  • Tenure: Freehold
  • House style: Bungalow
  • Unit style: Number in block: 3
  • Garaging / carparking: Single lock-up
  • Construction: Summerhill Stone
  • Joinery: Timber
  • Insulation: Ceiling
  • Flooring: Carpet
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, 3 x Bathroom Heaters, 1x Night store Heater
  • Kitchen: Standard and Finished in Laminate
  • Living area: Separate dining, Open plan, Separate living
  • Main bedroom: Double
  • Bedroom 2: Single
  • Main bathroom: Bath, Separate shower, Heater
  • Laundry: Separate
  • Views: Urban
  • Aspect: North, West
  • 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
  • items excluded: Curtain in Unit 1 Net blind in Unit 3
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Office

Harcourts Ilam

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 961
  • 280 m2
  • 6
  • 3
  • 3

Sold Property

1,2,3/31 Kilmarnock Street, Riccarton, Canterbury 8011

$1,000,000

A Winning Combination! The Choice Is Yours!

Excellent opportunity for investment and redevelopment. This fully tenanted block of 3 units offers an immediate income stream underpinned by the security of solid and low maintenance Summerhill Stone construction in a sought after location.

3x 2 bedroom units on 961m2 section. Zoned RSDT (the old L2). Situated within walking distance to Hagley Park and close proximity to Riccarton.
Rent all 3 units and land bank for the future! Don't delay as opportunities in this location are rarely offered to the market.

Zoned Christchurch Boys' High and Christchurch Girls' High.

Flat 1 is currently rented at $295 per week with internal access garage.
Flat 2 is currently rented at $280 per week with external garage.
Flat 3 is currently rented at $285 per week with external garage.

Whether you plan to rent and hold or redevelop the 961m2 site, be assured the owners are wanting one option - to be SOLD!

Please note - For sale are 3x 2 bedroom units on 3x cross-lease titles totaling 961m2 of Fee simple title Property ID: #IL2128

Property Features

  • Property Type: Block of units
  • Roof: Tile and Concrete
  • Tenure: Freehold
  • House style: Bungalow
  • Unit style: Number in block: 3
  • Garaging / carparking: Single lock-up
  • Construction: Summerhill Stone
  • Joinery: Timber
  • Insulation: Ceiling
  • Flooring: Carpet
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, 3 x Bathroom Heaters, 1x Night store Heater
  • Kitchen: Standard and Finished in Laminate
  • Living area: Separate dining, Open plan, Separate living
  • Main bedroom: Double
  • Bedroom 2: Single
  • Main bathroom: Bath, Separate shower, Heater
  • Laundry: Separate
  • Views: Urban
  • Aspect: North, West
  • 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
  • items excluded: Curtain in Unit 1 Net blind in Unit 3
Show More

Sold Date

  • 04 October, 2017

Don Yee Harcourts Ilam

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Harcourts Ilam

Office Harcourts Ilam Licensed under REAA 2008

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