Prime Block In Top Location
A great opportunity to purchase a large multi-unit residential investment property in a top location. This block consists of 2 x 2, 1 x 1 bedroom flats & 1 x 3 bedroom house. Located on a freehold title on 880m2 of RS, TC1 land.
8 Moffett Street is a three bedroom home. Original but tidy kitchen & dining. Spacious living area with heat pump. Three good size double bedrooms', one with built in wardrobes. Bathroom with shower over bath & vanity. Separate toilet & laundry facilities.
8A, 8B & 8C Moffett Street comprising of two, two bedrooms flats & one, one bedroom flat. The two bedroom units have original but tidy kitchen & laundry facilities. Spacious living area with heat pump downstairs. Upstairs has two double bedrooms with wardrobes. The bathrooms have shower over bath, vanity & separate toilet. One has separate shower. The one bedroom flat is above the garages & has an original but tidy kitchen & dining. Spacious living with heat pump. One double bedroom with built in wardrobes. Bathroom has shower over bath, vanity with laundry facilities & separate toilet.
• 2 x 2 & 1 x 1 bedroom's units & 1 x 3 house
• Freehold titles of 880m2 of RS, TC1 land
• Total Floor Area 320m2 approx plus garages 366m2
• Two single garages & two carports, plus off street parking
• Good holding income
Good holding income of $1,4000.00 per week = $72,800.00 per annum. There is potential to increase and improvement on up-and-coming renewals will allow its next owner to review rental return.
Located in Islington-Hornby close to The Hub Hornby, Dress Mart, nearby businesses & local shops. Good access to both the Southern & Northern Motorway & Christchurch Airport. Zoned for Hornby Primary & Hornby High School.
Don't delay your opportunity to secure this block, as they don't come up for sale in this location, any investor would be happy to add this property to their portfolio.