Gloucester Street, Linwood, Canterbury

Property files: https://www.harcourts.co.nz/PI85227#documents
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Please be aware that this information may have been sourced from RPNZ/LLUR/REINZ/Property Guru/Land Information New Zealand/Christchurch City Council/CERA and we have not been able to verify the accuracy of the same.

Potential gross income of approximately $93,000 P/A, worked off the figure $450 per week, based on a rental appraisal of $440 to $470 per week.

This property at 409 Gloucester Street presents a prime investment opportunity for savvy investors. Consisting of x4 two bedroom units, single-level with the option of ground-floor or upstairs. Impeccably suited for the preferences of young professionals and down-sizers alike. The recent renovations ensure a modern and appealing living space, featuring four units, each comprising two bedrooms with built-in wardrobes, contemporary bathrooms and all equiped with seperate laundries. 

Furthermore, the open plan design of the kitchen, dining, and living areas facilitates comfortable living, accentuated by high-quality appliances and an efficient layout. The seamless transition from indoor to outdoor spaces, coupled with low-maintenance landscaping, enhances the overall appeal of these properties.

Strategically situated just 1.7 kilometers from the bustling Christchurch CBD, this location offers unparalleled convenience. Residents will have easy access to a myriad of amenities, including the renowned Margaret Mahy Playground, retail outlets, pharmacies, and diverse dining options. Such proximity to urban conveniences ensures a desirable lifestyle and solidifies the investment potential of this property.