SoldSep 3, 2025

135A Totara Street, Riccarton, Canterbury

$1,450,000

6
3
3
1136 m²

Unit

23 days on the market

Sold: Sep 3, 2025

What's around 135A Totara Street

About this property

To download the Information Pack, copy and paste the URL into your web browser - https://www.propertyfiles.co.nz/property/L29189589 After many years of ownership, the executors of the estate are bringing this property to the market - an exceptional opportunity for astute purchasers. Take a generous 1,136sqm section in one of Christchurch's most desirable addresses and combine it with a solid, income-producing property - this is real estate excellence at its finest! Set privately on a rear section, this superb investment comprises three brick units circa late 1950s. Each unit enjoys sunny, north-west facing living, individual single garages, and access to the surrounding land. All are Healthy Homes Compliant and feature compliant log burners, ensuring year-round comfort for tenants. Currently returning over $60,000 per annum, the property presents options for a variety of buyers: - Developers: Landbank with holding income while planning future development. - Investors: Enjoy a strong yield now with capital

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