SOLD
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Investment Block Opportunity - 944sqm HRZ Land!

193 Linwood Avenue, Linwood, Christchurch City

5
5
5
994
An outstanding opportunity to secure a well-maintained, income-generating block of flats in the heart of Linwood — a suburb consistently popular with tenants for its convenience and accessibility.

This property comprises five generous one-bedroom units, each offering comfortable, low-maintenance living. Constructed in solid Summerhill Stone, the block has been well cared for and presents as a durable, dependable investment with long-term upside.

Importantly, the property is zoned High Residential Zone (HRZ) — a significant advantage that allows for higher-density development (subject to council consent). This zoning provides genuine long-term land value and redevelopment potential, making it attractive not only as a cashflow investment but also as a strategic landholding.

Additional Features:

Five secure single garages – a valuable inclusion in Linwood, enhancing tenant appeal with secure parking and additional storage

Solid, low-maintenance 1960s Summerhill Stone construction

Positioned in a convenient Linwood setting, the property is within easy reach of supermarkets, local shops, public transport routes, and key arterial connections. The accessibility and practicality of this location continue to make it an attractive choice for tenants.

Property Highlights:

5 × spacious one-bedroom units

5 secure single garages

Solid Summerhill Stone construction

994 sqm of HRZ zoning – higher density development potential (subject to consent)

Established rental location

Strong holding income with long-term tenants with potential future upside - current rented at $1,450 per week ($75,440 pa).
Tenancy Service market rent Linwood 1 July 2025 - 31 December 2025, 1 bedroom flat lower quartile $319pw - median quartile $345pw and upper quartile $406pw.

A smart addition to any portfolio — combining dependable income, favourable zoning, and future development potential in an established Christchurch suburb.

Source: Property Guru, Tenancy Services, CCC, Vendors
193 Linwood Avenue, Linwood, Christchurch City
SOLD Apr 26
Block of Units 
5 Bedrooms
5 Bathrooms
994 sqm approx.
Listing ID GMR12058
Glass Miles

Price

SOLD Apr 26

Neil McLaughlin

Residential & Investment Sales

Hamish Binnie

Business Owner & Property Consultant
Licensed under the REAA 2008

Glass Miles

32 Riccarton Road
Riccarton
Christchurch, 8011
f.
03 343 5179
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