Five Fully Self-Contained Units on One Title - Passive Income + Future Development Potential
An increasingly rare opportunity to secure a multi-unit, low-maintenance investment in Addington, positioned on Christchurch's city fringe. This property sits on 607sqm (more or less) of RSTD.
Each unit offers a well-designed layout with a spacious, sun-drenched double bedroom, a separate living area, and a kitchen and bathroom/laundry combination. Fully double-glazed throughout, the units have some well-thought-out updates for performance and comfort - a strong incentive for tenant retention.
Key features include:
• Five individual one-double-bedroom units, all with the same layout
• Three lock-up garages, two carports, plus off-street parking for all units
• Security gates at both entrances, offering added privacy and peace of mind
• Updated interiors, with some units having upgraded kitchens and bathrooms
• Low-maintenance construction (first level is solid block)
The location fur
