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CBD Investment - Fixed Term Lease

58C Ely Street, Christchurch Central

Retail Property
dollar

Negotiation

Bedroom
6
Bathroom
6
Floor area
182m2
Land area
189m2
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Property details

Listing # 67014803 | Listed on 13 April 2022

Colliers is pleased to present 58C Ely Street, central Christchurch to the market for sale. Seldom do investment opportunities in the tightly held Christchurch CBD present themselves to the market.

58C Ely Street, City Centre is a two-storey residential dwelling, construction completed post 2011 earthquake. It comprises seven bedrooms with six ensuites and a seventh bedroom with easy access to the guest bathroom. There is a common kitchen and lounge area with an outdoor north facing courtyard for all tenants to enjoy.

Designed and built with investors in mind, this property is leased on a residential fixed-term tenancy agreement, until June 2022 to a specialist property management company. It offers accommodation to young professionals on a room-by-room basis.

The property sits on 189 sqm of freehold land, located within the four avenues, accessing the vibrance of the renewed inner city.

This opportunity presents many options to investors including;

*Boarding House type investment

*Investment, rented on a room by room basis

*Professional accommodation

*Owner occupier plus investment

For sale by Negotiation.

Download property files via the below link: 

https://www.propertyfiles.co.nz/property/67014286

*Boundary lines are indicative only.

Open Home Times

Wed 26 May | 1-2:30pm

Features:

  • Excellent city location
  • Seven bedrooms, six with ensuites, one guest bathroom, common kitchen, lounge, dining, and north facing courtyard
  • Zoned Residential Central City
  • Close proximity to Hagley Park and CBD
  • Construction completed April 2011
  • Designed and built as an investment property
  • Total land area 189 sqm
  • Modern and functional design
  • Fixed term tenancy until June 2022
  • Current gross rental $59,280 (including GST)
  • Off street parking available

More information: https://www.colliers.co.nz/p-NZL67014803

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