Buy 2 or 4! Block of Flats Opportunity!

55a, 55b, 57a, 57b Middleton Road, Upper Riccarton | Negotiation

number of bedrooms 11 number of bathrooms 4 number of garages 7

All healthy homes are compliant, and all are currently occupied.

55a and 55b are on one title and 57a and 57b are on another title. Therefore, a great option to acquire a block of two or four properties.

Total land area: 1,220m2.
Current return per week is: $1,880 per week.
Current return per year is: $97,760 annually.
All units are healthy home compliant.
TC2, RS Land.

55A Middleton Road
Bedrooms: 3
Bathrooms: 1
Garaging: 2
Floor Area: 120m²
Capital Value: $495,000
$495 per week (fixed 17-02-2025)

55B Middleton Road
Bedrooms: 3
Bathrooms: 1
Garaging: 1.5
Floor Area: 90m² (excluding garage)
Capital Value: $470,000
$500 per week (periodic)

57A Middleton Road
Bedrooms: 3
Bathrooms: 1
Garaging: 2
Floor Area: 120m²
Capital Value: $530,000
$495 per week (periodic)

57B Middleton Road
Bedrooms: 2
Bathrooms: 1
Garaging: 1
Floor Area: 80m²
Capital Value: $450,000
$390 per week (periodic)

Nearby amenities:
Canterbury University
Bush Inn Mall
Westfield Riccarton
Riccarton High School
Middleton Grange School
Middleton Park

To access the property files, copy and paste the link into your browser: https://propertyfiles.co.nz/property/811150003

*Please be aware that this information may have been sourced from Google Maps for approximate times/distances, RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA, and we have not been able to verify the accuracy of the same.

Contact Consultant

Papanui Office Real Estate Agent, BCom

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