Cashflow Investment

SOLD

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Cashflow Investment

1-4, 25 Harrow Street, Phillipstown, Christchurch City

House plus three self contained studio units. The dwellings span 246sqm (more or less) and are configured into the stand-alone house and three separate studio units, providing a mix of tenancy options to suit a broad rental market. The layout has been optimised for rental yield; the house comprising of three bedrooms, kitchen/lounge and bathroom plus a detached double garage. The studio units are made up of one bedroom/living area, kitchen and bathroom each. Two of the studios also have a single garage.

• Current rental income: $1,590 per week ($82,680pa) from a mix of fixed term tenancies.
• 1 x 3-bedroom House and 3 x Studio Flats
• 800sqm (more or less) of land across two titles
• Located near key bus routes and local shopping
• Medium Density Residential (MRZ) zoning supports future development

With stable income in place and rental upside identified, this property offers a solid holding opportunity for land banking or staged redevelopment. Its location, zoning, and site configuration make it well-suited to investors seeking flexibility, future gains, and consistent cash flow.

Source: Property Guru, Linz, Vendor, CCC.