Sold Property

Units 1-8/166 Salisbury Street, Christchurch Central, Canterbury 8013

  • 23
  • 16
  • 8
  • 1

$2,000,000

As Is, Where Is - Block of 8 Units In Christchurch Central

Your chance to secure an amazing piece of real estate located just a short stroll to the CBD. These units have had cosmetic repairs to the inside and seven of the eight units were totally recladded approximately 6 years ago.

- Investors... 7 of the 8 units rented currently returning $138,400 per annum.
Unit 4 vacant has a rental assessment of $400 - $450 p/w increasing return to $160,080 per annum.
These figures could easily be increased with improvement's to the units.

- Developer's... Repair the units to an insurable state or demolish and develop the 1014sqm site

You only have to look around the immediate area to see the commercial and residential developments happening making this a very rare and profitable purchase for one lucky buyer.

Whether you plan to repair, rent and hold or redevelop the 1014sqm site be assured the owners are wanting one option - to be SOLD.

All units to be sold in one transaction and to be sold As Is, Where Is. Property ID: #PD4420

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Sold Date

  • 03 February, 2017

Property features

  • Property Type: Block of units
  • Tenure: Crosslease (freehold)
  • Unit style: Number in block: 8, Number of levels: 3
  • Garaging / carparking: Internal access, Single lock-up
  • Joinery: Aluminium
  • Chattels remaining: Light fittings, Stove, Curtains
  • Kitchen: Open plan
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Additional rooms: Attic, Office / study, Conservatory / sunroom
  • Views: City
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered), BBQ area
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Manicured
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to transport, Close to shops
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Office

Harcourts Parklands

Licensed under REAA 2008

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Est. bond $1920
  • 23
  • 16
  • 8
  • 1

Sold Property

Units 1-8/166 Salisbury Street, Christchurch Central, Canterbury 8013

$2,000,000

As Is, Where Is - Block of 8 Units In Christchurch Central

Your chance to secure an amazing piece of real estate located just a short stroll to the CBD. These units have had cosmetic repairs to the inside and seven of the eight units were totally recladded approximately 6 years ago.

- Investors... 7 of the 8 units rented currently returning $138,400 per annum.
Unit 4 vacant has a rental assessment of $400 - $450 p/w increasing return to $160,080 per annum.
These figures could easily be increased with improvement's to the units.

- Developer's... Repair the units to an insurable state or demolish and develop the 1014sqm site

You only have to look around the immediate area to see the commercial and residential developments happening making this a very rare and profitable purchase for one lucky buyer.

Whether you plan to repair, rent and hold or redevelop the 1014sqm site be assured the owners are wanting one option - to be SOLD.

All units to be sold in one transaction and to be sold As Is, Where Is. Property ID: #PD4420

Property Features

  • Property Type: Block of units
  • Tenure: Crosslease (freehold)
  • Unit style: Number in block: 8, Number of levels: 3
  • Garaging / carparking: Internal access, Single lock-up
  • Joinery: Aluminium
  • Chattels remaining: Light fittings, Stove, Curtains
  • Kitchen: Open plan
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Additional rooms: Attic, Office / study, Conservatory / sunroom
  • Views: City
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered), BBQ area
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Manicured
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to transport, Close to shops
Show More

Sold Date

  • 03 February, 2017
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Harcourts Parklands

Office Harcourts Parklands Licensed under REAA 2008

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