Sold Property

116 & 116A Holly Road, Merivale - Christchurch City, Canterbury 8014

  • 607
  • 4
  • 2
  • 2
  • 4

$813,000

Buy One or Both!

The perfect investment opportunity for those who appreciate the value of 'location'. This is a great find - permanent material units, offering 2 rental streams on a Cross Lease Title.

- Unit 116 (on the corner) has 2 bedrooms, 1 bathroom and a single freestanding garage. This unit is vacant, so available for immediate possession.
- Unit 116a has 2 bedrooms, 1 bathroom and a single freestanding garage. This unit is tenanted on a fixed term contract until 23 March 2020 but the tenant would love to stay on.

Light, bright and filled with warmth are the first impressions as you enter the open plan living area. Framing these north facing sun-drenched properties, are tidy fully fenced private gardens.

This package will continue to provide a good income in this sought-after suburb, close to Merivale Mall but also a pleasant stroll to the vibrance of Victoria Street and our emerging city.

Excellent zoned schools include CBHS, CGHS, Heaton Intermediate and St Albans School.

Our owner has given us firm instructions that this will be sold on or before auction day!

To download the Information Pack , copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/MVE6421

* 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: #MVE6421

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Sold Date

  • 11 March, 2020

Property features

  • Property Type: Block of units
  • Roof: Tile and Concrete
  • Tenure: Crosslease (freehold)
  • Property condition: Good
  • Garaging / carparking: 2 x single lock-up, Off street, Free standing
  • Construction: Brick
  • Joinery: Timber
  • Insulation: Floor, Ceiling
  • Flooring: Other (Rimu) and Vinyl
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Other (Heat pump x 2)
  • Chattels remaining: Fixed floor coverings, Light fittings, Blinds, Drapes, Clothesline x 2, Garden shed x 1
  • Kitchen: Original, Separate and Finished in Stainless steel, Laminate and Other (Tiles)
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Single and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Laundry: In kitchen
  • Views: Private, Urban
  • Aspect: North
  • Outdoor living: Garden, Verandah
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to schools, Close to shops
  • More Details URL: http://www.propertyfiles.co.nz/property/MVE6421
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Office

Harcourts Merivale

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 607
  • 4
  • 2
  • 2
  • 4

Sold Property

116 & 116A Holly Road, Merivale - Christchurch City, Canterbury 8014

$813,000

Buy One or Both!

The perfect investment opportunity for those who appreciate the value of 'location'. This is a great find - permanent material units, offering 2 rental streams on a Cross Lease Title.

- Unit 116 (on the corner) has 2 bedrooms, 1 bathroom and a single freestanding garage. This unit is vacant, so available for immediate possession.
- Unit 116a has 2 bedrooms, 1 bathroom and a single freestanding garage. This unit is tenanted on a fixed term contract until 23 March 2020 but the tenant would love to stay on.

Light, bright and filled with warmth are the first impressions as you enter the open plan living area. Framing these north facing sun-drenched properties, are tidy fully fenced private gardens.

This package will continue to provide a good income in this sought-after suburb, close to Merivale Mall but also a pleasant stroll to the vibrance of Victoria Street and our emerging city.

Excellent zoned schools include CBHS, CGHS, Heaton Intermediate and St Albans School.

Our owner has given us firm instructions that this will be sold on or before auction day!

To download the Information Pack , copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/MVE6421

* 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: #MVE6421

Property Features

  • Property Type: Block of units
  • Roof: Tile and Concrete
  • Tenure: Crosslease (freehold)
  • Property condition: Good
  • Garaging / carparking: 2 x single lock-up, Off street, Free standing
  • Construction: Brick
  • Joinery: Timber
  • Insulation: Floor, Ceiling
  • Flooring: Other (Rimu) and Vinyl
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Other (Heat pump x 2)
  • Chattels remaining: Fixed floor coverings, Light fittings, Blinds, Drapes, Clothesline x 2, Garden shed x 1
  • Kitchen: Original, Separate and Finished in Stainless steel, Laminate and Other (Tiles)
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Single and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Laundry: In kitchen
  • Views: Private, Urban
  • Aspect: North
  • Outdoor living: Garden, Verandah
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to schools, Close to shops
  • More Details URL: http://www.propertyfiles.co.nz/property/MVE6421
Show More

Sold Date

  • 11 March, 2020
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Harcourts Merivale

Office Harcourts Merivale Licensed under REAA 2008

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