Units 1-4/8 Moffett Street, Islington, Christchurch City, Canterbury, 8042, New Zealand

A great opportunity to purchase a large multi-unit residential investment property in a top location. This block consists of 2 x 2, 1 x 1 bedroom flats & 1 x 3 bedroom house. Located on a freehold title on 880m2 of RS, TC1 land.

8 Moffett Street is a three bedroom home. Original but tidy kitchen & dining. Spacious living area with heat pump. Three good size double bedrooms’, one with built in wardrobes. Bathroom with shower over bath & vanity. Separate toilet & laundry facilities.

8A, 8B & 8C Moffett Street comprising of two, two bedrooms flats & one, one bedroom flat. The two bedroom units have original but tidy kitchen & laundry facilities. Spacious living area with heat pump downstairs. Upstairs has two double bedrooms with wardrobes. The bathrooms have shower over bath, vanity & separate toilet. One has separate shower. The one bedroom flat is above the garages & has an original but tidy kitchen & dining. Spacious living with heat pump. One double bedroom with built in wardrobes. Bathroom has shower over bath, vanity with laundry facilities & separate toilet.

• 2 x 2 & 1 x 1 bedroom’s units & 1 x 3 house

• Freehold titles of 880m2 of RS, TC1 land

• Total Floor Area 320m2 approx plus garages 366m2

• Two single garages & two carports, plus off street parking

• Good holding income

Good holding income of $1,4000.00 per week = $72,800.00 per annum. There is potential to increase and improvement on up-and-coming renewals will allow its next owner to review rental return.

Located in Islington-Hornby close to The Hub Hornby, Dress Mart, nearby businesses & local shops. Good access to both the Southern & Northern Motorway & Christchurch Airport. Zoned for Hornby Primary & Hornby High School.