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58 and 60 Southampton Street, Sydenham, Christchurch City

Auction, 07 Nov 2024 12:00

651m²

Exceptional dual-income investment opportunity

Auction (unless sold prior)

12pm, Thu 7 November 2024

3 Deans Avenue, Addington, Christchurch 8011

Embrace a unique opportunity to enhance your investment portfolio with this exceptional dual-income, dual-title property. Nestled on a generous 651sqm (more or less) of TC3 Residential Medium Density zoned land, this property features two standalone houses on individual titles, offering a remarkable prospect for high-yield investment.

• Two standalone 2017 modern, post-quake constructions

• Two x six bedrooms

• Two x six bathrooms

• Two x open plan kitchen and living areas

• Currently returning $2,980 per week gross

• Fully furnished

• Two freehold titles, totalling 651sqm (more or less) of TC3, RMD land

• Located in proximity to the Port Hills, direct city access bus routes, local supermarkets and bars

Whether you are looking to expand your portfolio, or generate a consistent rental income, this dual-dwelling gem is a must see. Our owners have moved onto their next project and are committed to selling on or before auction day.

To download the Property Files, copy and paste the below into a new browser: https://www.propertyfiles.co.nz/5525505

Additional details

Type

House

Property ID

5525505

Listed on

18/10/2024

Updated

yesterday

Open Homes2

Sun, 3 Nov

11:30AM - 12:00PM

Wed, 6 Nov

11:30AM - 12:00PM

Auction1

Thu, 7 Nov

12:00PM

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Sydenham, Christchurch City

Sydenham is a suburb located within the Christchurch Territorial Authority. It is a thriving area that ranks as the 18th largest suburb by total housing stock.

Sydenham’s charm is rooted in its heritage, with buildings and residential homes dating back to the 1800s, though the majority of its residential properties were built in the 1970s. Approximately 97% of Sydenham’s housing stock consists of owner-occupied residential properties, while the remaining 3% are investment properties.

Sydenham is a retail and light industrial suburb, and with Christchurch’s City Centre only a short distance away, is a popular choice for those seeking balance between urban convenience and suburban charm. Key amenities and landmarks include Sydenham Park and the Columbo Shopping Centre.

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