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11 Sylvan Street Hillmorton, Christchurch City

Sold for $1,406,000 on 22 Apr 2021
  • 8 Beds
  • 4 Baths
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11 Sylvan Street, Hillmorton, Christchurch City

House in Hillmorton

4 Units, The Entire Investment Block

  • 8 Beds
  • 4 Baths
Listed By:
Ray White BarringtonNext Step Realty Limited Licensed (REAA 2008)

Now here is the deal . . . 4 x 2 bedroom units each with own garage ALL on individual crossleased sections being sold all together, 3 of them rented for $350 per week, the 4th was owner occupied.

Ideal Investment opportunity . . .
Annual Rent: $ 72,800 (if Flat 2 rented at $350 like other units currently are)
RV (combined): $1,000,000

Situated with easy access to Lincoln Road and bus routes, Easy commute to City Centre.

Permanent Material exterior, Long term tenants, Access to City, Location, Own the whole block . . . Its the perfect recipe!

To be sold by Auction 6pm Thursday 22nd April 2021 at the Ray White Auction Rooms in Barrington Mall
Propertyfiles available for download at: www.propertyfiles.co.nz/11Sylvan
(copy & paste)

Source: Owner, Vendor's Lawyer, CCC, Canty. Maps, Environment Canty., EQC, Property Guru, RPNZ, ARCGIS, REINZ PropertySmarts, other sources. Next Step Realty Ltd merely passing over information as supplied to us. We cannot guarantee accuracy & reliability. All intending purchasers advised to conduct their own due diligence investigation into same.

Features:
  • Heat Pump
Chattels:
  • Blinds
  • Curtains
  • Dishwasher
  • Fixed Floor Coverings
  • Heated Towel Rail
  • Light Fittings
  • Stove
Property ID:

BGN22008

Building:

350m²

Land:

990m² / 0.24 acres

Parking:

4 x Single

Bedrooms:

8

Bathrooms:

4

Listed By:
Ray White BarringtonNext Step Realty Limited Licensed (REAA 2008)