Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and EditorialLive Auctions

Middleton

3/50 Magdala Place, Middleton, Christchurch

Watchlist
Share
Sold
Slide 1 of 3
1 OF 3
5511740_1.jpg
5511740_2.jpg
5511740_1.jpg
5511740_2.jpg
5511740_1.jpg
5511740_2.jpg
2 Bedrooms
1 Lounges
1 Bathrooms

For Sale by Negotiation

Investment opportunity


This well located tenanted investment presents a great opportunity to an astute investor wanting a residential/commercial investment, which is higher yielding than most residential investments.
The ground floor provides a clear span warehouse with a 3.6m stud height, amenities and office. The first floor consists of open plan kitchen/dining/living and one bedroom with ensuite. A well-appointed balcony overlooking its own private garden area. This unit has the ability to have two tenants.
Nestled in the premium location of Wigram on Magdala Place, this unit presents a great opportunity for small businesses, hobbyists and savvy investors.
•Rental valuation $24,100 + GST and operating expenses per annum
•Three carparks
• Upper floor apartment- Approximately 42sqm
• Ground floor office/ amenity- Approximately 45sqm
• Warehouse- Approximately 38sqm

For further information please visit: https://www.propertyfiles.co.nz/property/5511740

Dylan Jenkins

Dylan Jenkins


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Live and work


Live, work, hobby apartment

Parking


Three off street parks

Storage


Warehouse space of 38sqm approximately