Sydenham
1,2,3/207 Colombo Street, Sydenham, Christchurch
For Sale by Negotiation
Multi income investment
Sold at Auction
As you could imagine properties like this are tightly held and it is superbly located and positioned on Colombo Street.
β’ Block of three single-storey units
β’ Each unit has two bedrooms, a separate living and a separate kitchen
β’ Three external garages
β’ Total rental income of $970.00 per week combined
β’ Sited on TC2, Medium Density land with cross lease titles having a share in 716sqm of land
β’ Rateable Valuation of $270,000 for each unit
β’ The property is zoned for Cashmere High School
β’ Walking distance to a number of shops, services and amenities as well as the close proximity to the Central City
β’ EQC work has been completed
This is certainly a property with many opportunities for an investor, land banker or developer.
My owners are determined to sell this opportunity with all its potential growth to an individual who likes to plan for the future.
