Positioned in the ever-popular Addington, this proven performer offers the ideal combination of immediate return and long-term potential. Having served as a reliable rental, the property provides a strong foundation for investors seeking consistent income in a high-demand, city-fringe location.
Conjunctional Sales Welcome.
Download the Property Information Pack Here: https://www.propertyfiles.co.nz/property/L40080839
Set on a generous 680sqm (approx.) parcel of Residential Medium Density zoned land, the real appeal lies in the future possibilities. Whether you're looking to landbank, further enhance the existing dwelling, or explore redevelopment options (subject to council approval), this is an opportunity that aligns with Christchurch's ongoing growth and intensification.
With its proximity to the CBD, transport links, and local amenities, tenant demand remains strong, underpinning both current returns and future value.
A smart acquisition for those looking to secure scale, income, and upside in one compelling package. With both 6 and 8 Walsall Street available, there's a rare opportunity to secure a combined 1,188sqm landholding.
Auction: Wednesday 6th May from 10:00 am, Holmwood Auction Rooms, 397-399 Ilam Road, Ilam (unless sold prior)
