When Location Is Paramount!

Addington, 1-6/9 Meredith Street

Our owners are motivated to sell, and want this SOLD… Large multi-unit residential block of flats, in such a prime location.

  • 6 x 2
  • 6
  • 0
  • $1,850,000

Property Information

  • Listing #S2102
  • Legal description Lot 1 DP 362815
  • CT number 256156
  • Land Area 655m²
  • Floor Area 280m²
  • Land Zone RMD TC2
  • Land Value $390,000
  • Improvements $645,000
  • Capital Value $1,035,000
  • Rates $8,282.09 p.a.
  • Parking Single carport for each flat
  • The above information has been supplied by either the vendor* or by outside agencies like CCC, LINZ, Property Guru, etc. Accordingly, Braziers is merely passing over this information as supplied to us. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into this information. To the maximum extent permitted by law Braziers does not accept responsibility to any person for the accuracy or use of the information herein.

Addington has been voted as one of the nation’s sweet spot winners in Christchurch. Located only 950 meters away from Hagley Park and 2km to the Christchurch Hospital and 3km away from the Riverside markets and The Crossing in the CBD.

Comprising of six, two bedroom units, split over three blocks of two. One up and one down. Having two lots of three carports in between each block, all situated on 655m2 of prime RMD, TC2 land on freehold title.

• 6 x 2 bedrooms flats (3 x blocks of 2).

• 655m2 of RMD, TC2 land.

• Total Floor Area 334m2.

• Aluminium single glazed windows.

• Each unit has a single carport.

• Good holding income.

• Great location positioned close to the CBD.

Tidy condition, with most units upgraded with modern kitchens and bathrooms, good carpets throughout. Galley-style kitchens, spacious living and dining areas with heat pumps. Good size double bedrooms with built in wardrobes. Bathrooms, with separate showers, vanity and laundry facilities. Separate toilets.

Concrete block downstairs, and light weight cladding upstairs, aluminium joinery and freshly painted iron roofs. Most of the exterior/internal wall’s downstairs have been battened, insulated and gibed. These units are large in size, with a total floor area combined of 334m2 + carports.

Currently rented at $2,055pw = $106,860pa. Rental increases from April 2022, will return $2,075pw = $107,900pa. Rental assessment of $375pw will allow its next owner to review rental return.

Located in a quiet cul-de-sac, just of Lincoln Road, walking distance to local shops, bars, restaurants and Hagley Park, Christchurch Hospital and the Central City.

Our Covid19 Policy is very simple and aimed at ensuring the protection of all our customers and staff. We Require: Verification of your Vaccination Pass for all face to face contact and a mask to be worn at all times.

To view, call Braziers on (03) 377 7122

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Email Rebecca Manawatu about 1-6/9 Meredith Street

Email Neil McLaughlin about 1-6/9 Meredith Street