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St Albans

50A & B Warrington Street, St Albans, Christchurch

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4 Bedrooms
2 Bathrooms
2 Parking

Rare Find - Two x Two Block


Always sought after block of two flats ready to be taken forward into the new investment market. You could add value to this block with renovation and landscaping. Increase the return by bringing the property in line with market rents (average $290 per week for 2 bedroom unit) or fully furnish and do medium term rental within the changing rental market the rebuild has created. Each flat is on its own title, so has the opportunity to be sold off individually. EQC claim and insurance are in place and available to be transferred. Currently Flat 1 is tenanted at $250 per week and Flat 2 is vacant to leave all the options open. Versatile investment ready to be held onto for your retirement or upgrade and make the instant gains available on the own-occupier market. Always a great find in the Christchurch market - call or text today to view.\n\n\n

Asking Price NZ$440,000
Angela Webb

Angela Webb


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

Features

Investment


Block 2x2 bed units

Location


Close to park and shops

Titles


Individual titles