Prime investment opportunity


91 Brockworth Place, Riccarton

By Negotiation

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Prime investment opportunity | 91 Brockworth Place, Riccarton | 5516425 |      X Close
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Prime investment opportunity


Price by Negotiation

In the heart of Christchurch lies this modern investment property with gross revenue in excess of $3,100pw.

The front unit has seven bedrooms with three full bathrooms. There is also a double internal access garage which houses the laundry. The building at the rear has the final two houses, both have six bedrooms, two bathrooms and an open plan kitchen and living area which lead to private courtyards. Each bedroom is supplied with a bed, desk and a freestanding double wardrobe. The property is warm and comfortable being insulated and double glazed throughout. The building was purpose-built in the 2000s to accommodate young professionals and produce a solid rental income for its owners. Currently, the property is rented by the room however, it could be transitioned onto leases depending on the purchaser's appetite.

Between the two buildings lies a double garage, lined and available for the tenants use. They also enjoy 12 off-street car parks to go with the two double garages and a large carport.

The property is fully insured and has been fully repaired post-quake. The 448sqm of buildings sits on 776sqm of TC2 Residential Medium Density land.

- 19 bedrooms

- Standard room rates $160 - $170pw plus power

- Three open plan living/kitchen

- TC2 Residential Medium Density land

- Two double garages

- EQC, fully repaired

- 120m from Hagley Park and easy access to central Riccarton and Christchurch Central city

Our vendors have looked after the property well but are now looking to retire and would like to pass this property onto the next owners to benefit from excellent cash flow in this popular location, sought after by tenants.

Please note the vendor is GST registered and the property is being sold plus GST if any.

To download the information pack copy and paste the below link into a new browser:

https://propertyinvestmentchristchurch.co.nz/91-brockworth-place

Angela Webb

Christchurch

Licensed under the REA Act 2008

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Cooper Stewart

Christchurch

Licensed under the REA Act 2008

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91 Brockworth Place, Riccarton

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Angela Webb

Christchurch

Licensed under the REA Act 2008

View profile

Cooper Stewart

Christchurch

Licensed under the REA Act 2008

View profile