Buy 2 or 4! Live in One, Rent One?

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

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

Price Guides:
57a and 57b: Enquiries over $1,000,000
55a and 55b: Enquiries over $1,100,000

All have their own separate titles.

55a and 55b are part of one body corporate and 57a and 57b are part of another body corporate.

As, there is one owner for the entire block, there is no active body corporate and no yearly fees.

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) (Rental appraisal: $550 per week)

55B Middleton Road
Bedrooms: 3
Bathrooms: 1
Garaging: 1.5
Floor Area: 90m² (excluding garage)
Capital Value: $470,000
$500 per week (periodic) (Rental appraisal: $550 per week)

57A Middleton Road
Bedrooms: 3
Bathrooms: 1
Garaging: 2
Floor Area: 120m²
Capital Value: $530,000
Vacant (Rental appraisal: $550 per week)

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

All healthy homes are compliant.

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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