1-4/374 Blenheim Road Upper Riccarton, Christchurch City

To be sold as one lot - this is a rare opportunity to secure a block of four, two-bedroom, one-bathroom units. Fully tenanted - (on periodic tenancies) with desirable undercover car parking at the rear for all units.

https://www.propertyfiles.co.nz/844370003

Ideal for investors looking to seamlessly add to their property portfolio located in a sought after pocket of the city - Equally desirable to working professionals and university students alike.

Key Features:

• Achieving strong and regular rental income - Each unit currently rented for $380 per week - (a combined annual income of $79,040 per annum)
• Solid 1970s construction - all units are single level with a durable Summerhill Stone exterior
• Land size - 761m2
• Zoned Residential Suburban, TC1
• Healthy home certificates available for review
• In-zone for sought-after schools including Riccarton High School, Riccarton Primary School, Kirkwood Intermediate

Conveniently situated just minutes from key amenities, including Canterbury University, Christchurch International Airport, Riccarton Mall, and Bush Inn Centre and easy access to public transport makes commuting a breeze.

There have been internal upgrades to some units in recent times. All units provide potential for further enhancement further increasing desirability and the opportunity to add value.

Don't miss this compelling opportunity. Contact me to arrange an on site viewing today.