421 Worcester Street, Linwood, Christchurch

Investors look no further

This is a real opportunity... three units on a large 969sqm (approx) section currently showing strong returns with the properties fully tenanted on periodic tenancies. Within easy walking distance to the newly revived CBD and to the newly proposed stadium a bonus. Demand for rental properties is always strong this time of year and being so close to so many amenities interest will be high to invest. Possibly you are an investor looking to increase your portfolio, a company looking for an accommodation complex for staff, or a landlord looking for the jewel in the crown, this block of three units are a must to view.

With comfortable accommodation options, at the front is a stand-alone three bedroom unit with a separate studio, plus two single garages and one other off-street carpark. There is a huge open plan living and dining area with the kitchen adjoining. High vaulted ceilings and solid practical design add to the spacious feel. Both the bathroom and laundry are generously proportioned and finished to be hard wearing and practical. The exterior is well presented with the use of stained timber and white concrete block giving it modern feel that will not date.

On the rear of the property are two further units. The first has three bedrooms and a single garage and the second has two bedrooms and a single garage. Both have very durable bathroom/laundry fit-outs and full sized baths with shower above.

Sitting on 969sqm of Green Zone TC2 land, on a single title, there was only minimal cosmetic EQ damage identified here and all EQC claims completed. With our owner liquidating their portfolio due to other focuses there is no questioning the motivation to sell here and hence this is truly an opportunity for the astute and those in the know will act quickly to avoid disappointment!

Copy and paste the following link to download the property files: https://www.propertyfiles.co.nz/property/5513429