A unique, once in a lifetime investment opportunity has arisen in the heart of Kaiapoi!
Located on the corner of Williams and Sewell Street, the property offers a substantial rental income of $56,809.72 per annum (incl GST), along with future development potential.
The property comprises of:
• 2 x two bedroom units
• One bedroom unit
• Lockable garage and two carports
• Fixed billboard lease until 31 December 2019 as a fourth income, with an opportunity for renewal
• Commercial zoned business 1 land, with a significant opportunity to add immediate value
This property should appeal to a range of purchasers and the vendors are committed to selling on or before auction day!
Viewing is by appointment only. Auction (Unless sold prior
11.00am, Saturday 25 November 2017 at 411 Blenheim Road, Christchurch