• $1195000
81 Hills Road, Edgeware, Christchurch, Canterbury, 8013, New Zealand
This property is an exciting case of what could be in an enviable location! 81 Hills Road presents as one freehold title with 5 income-producing units, all currently tenanted.
The choice is yours. Continue to rent as is, complete a top-to-toe renovation and redecorate, or make way for a blank canvas to start afresh. There’s value in the untouched, and the potential to landbank, subdivide and develop all just on the fringe of the central city is a huge drawcard!
Currently, the 100-year-old villa is converted to two flats, with a separate block of three purpose-built units at the rear, now approximately 50 years old. In total, there are 2x 2-bedroom flats, and 3x 1-bedroom flats, each flat having its own off-street carport space.
