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Addington

1-3 34 Cotterill Street, Addington, Christchurch

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6 Bedrooms
3 Bathrooms
539sqm Land area SQM

Block of Three Flats


Price by Negotiation - Enquiries over $540,000\n\nThese flats were built in the 1980s and owned by the developers until now. First time ever on the market, three, two bedroom units, fully tenanted with rental income at $230, $230 and $220 per week. Addington has been renewed by the movement of offices and retail into the area post-earthquakes. As the inner city goes through its rebuild stage, this is an option to own within an area which will be on the door step of this development. Great opportunity to buy a small block with the option to improve, renew and get in line with current rental levels. EQC and insurance available for transfer subject to insurance companies criteria.

By Negotiation
Angela Webb

Angela Webb


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

Features

Income


$680 per week

Investment


Three x two bedroom units

Titles


One freehold title