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Christchurch Central, 249 & 251 Salisbury Street

Calling investors! A true cash cow!!

Contact agent for more information

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Listing Number: RN6471
About this listing

SOLD - This listing was sold in July 2019.

These two stylish, freehold townhouses are on the market and ready to sell. They are purpose built for room by room renting with each townhouse boasting 5 bedrooms all with en suites, communal kitchen areas with individual lockable pantries, as well as a separate lockable storage space for each renter.

Extremely well built with ACL panelling, granite kitchen bench tops and designed by top architects Co Lab, our vendor spared no cost with construction, meaning that your future maintenance costs will be minimal.

Designed and built as a long term investment, our vendor has been enjoying over 7% return every year AFTER costs, including property management fees. His clever build idea and long term strategic thinking can now be your cash cow and future retirement fund; he is only selling in order to release needed capital!

OPEN HOMES: Viewing by appointment. Contact listing agent.

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Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same.
Property Information
  • Approx Floor Area: 384 sqm
  • Land Size: 443 sqm
  • Property Type: Townhouse
  • Property Features: Smoke alarms
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Contemporary
  • Unit style: Number in block: 2
  • Garaging / carparking: 3 Off Street, Off street
  • Construction: Block
  • Joinery: Aluminium, Double glazing
  • Insulation: Walls, Floor, Ceiling
  • Flooring: Carpet, Vinyl and Tiles
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Heat pump, Air Conditioning
  • Electrical: Phone extensions, Rewired (Fully rewired)
  • Chattels remaining: Chattles Listed are PER UNIT - Samsung Washing Machine and Dryer, Vacuum Cleaner, Mop & Broom, Shovel & Brush, Bucket, Washing Basket, Pegs, Ironing Board, WIFI Modem, Haier White Freezer, Samsung Fridge/Freezer Panasonic Microwaves, Pot Bench Protector, Dishwasher, Double Oven, Oven Mitts, Red Toaster, Jug, Cutlery, Plates and Cups, Utensils, 6 x Heat Pump + 6 x Remote, 2 & 3 Seater Brown Lounge Suite, Brown Coffee Table, TV Unit, 6 x 43 inch Panasonic TV, 5 x Bar Stools, Wooden Dining Table + 6 Chairs, 2 Mirrors, 5 x Queen Size Beds, 5 X Mattress Protectors, 6 White Bedside Cabinets, 5 Office Desks with Chairs, Outdoor Table & Chairs.
  • Kitchen: New, Open plan, Dishwasher, Separate cooktop, Separate oven, Rangehood, Breakfast bar, Microwave, Gas bottled, Pantry and Finished in Granite
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Ensuite: Separate shower
  • Bedroom 2: Additional Info (Ensuite w/ Shower), Double and Built-in / wardrobe
  • Bedroom 3: Additional Info (Ensuite w/ Shower), Double and Built-in / wardrobe
  • Bedroom 4: Additional Info (Ensuite w/ Shower), Double and Built-in / wardrobe
  • Bedroom 5: Additional Info (Ensuite w/ Shower), Double and Built-in / wardrobe
  • Laundry: Separate
  • Views: Urban
  • Aspect: North, West
  • Outdoor living: Entertainment area (Uncovered), Clothes line, BBQ area (with lighting), Deck / patio
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy, Backyard access, Landscaped / designer
  • Garden: Garden shed (Number of sheds: 2)
  • Water heating: Gas
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to transport, Close to shops

Contact Details

Harcourts Riccarton

Grenadier Real Estate Ltd

Licensed REAA 2008

Level 1, 88 Division Street
Office website

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