347 Worcester Street, Linwood, Christchurch City, Canterbury, 8011, New Zealand
Own a remarkable freehold accommodation property at 347 Worcester Street, Christchurch.
This property offers the best of both worlds; urban convenience, being less than 1km from the new stadium, and the peaceful charm of a suburban residential area.
Generating an impressive $205,920 incl. GST per annum, this asset promises a rewarding investment, situated just one block from Christchurch’s vibrant city centre.
With a history of over 30 years as a successful motel, the property holds immense potential for various uses and income streams (subject to CCC approval and consents).
Key Features:
$205,920 incl. GST per annum
Land Area: 1,012 sqm approx
Building Area: 460 sqm approx
Medium Density zoned
95% NBS
Ten accommodation units include:
1 three-bedroom house (attached)
1 two-bedroom unit
8 studio units
Communal laundry
Double garage
10 off-street carparks
