Merivale 4 x 2 Bedroom Units

Merivale, 1-4/40 Tonbridge Street

Situated in this top location on a 559m2 north facing section are these 4 x 2 bedroom units on separate titles. Two units are situated upstairs and two downstairs each with their own separate entrance.

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  • 4
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  • Present Offers

Property Information

  • Listing #S2012
  • Legal description Flats 1-4 DP 42248 on Lot 1 DP 15413
  • CT number CB19B/1257, 1258, 1259, 1260
  • Land Area 559m²
  • Floor Area 60m² x4 = 240m²
  • Land Zone RMD, TC3
  • Land Value $612,000
  • Improvements $508,000
  • Capital Value $1,120,000
  • Rates $7,127.80 p.a.
  • Parking Four carports
  • 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.

Each unit enjoys a private courtyard or balcony leading off its open plan kitchen/living area. Recently upgraded bathrooms, new kitchens, soft furnishings and new hot water cylinder. Each unit has its own carport.

Tonbridge Street is located in the heart of Merivale / Carlton Mill. This quiet street is tucked away from the main roads yet within short walking distance of Hagley Park, the Victoria Street Cafes, bars and restaurants and well within walking distance of the central city and Merivale Mall.

Current Rentals: Flat 1 - $320pw (Tenant of 19yrs), Flat 2 - $380pw, Flat 3 - $380pw Flat 4 - $380pw. Total $1,460.00 pw, - $75,920pa.

In this prime and highly desirable location, any investor would be glad to add this property to their portfolio.

To view, call Braziers on (03) 377 7122

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Email Adam Armstrong about 1-4/40 Tonbridge Street