Units 1-4 185a Colombo Street, Beckenham, Christchurch City, Canterbury

Here’s a great opportunity to secure a tidy, well-maintained investment in a consistently popular rental area. This block of four generous one-bedroom units offers reliable income and solid long-term potential.

Built from durable Summerhill Stone, the property has been well cared for by its current owners. Each unit features a spacious double bedroom and is designed for low-maintenance, comfortable living—ideal for attracting reliable tenants.

Unit 1 & 3 are rented to long term tenants at $320 & $350 per week on periodic tenancies. Unit 4 is signed up to be rented at $420 per week from the 25th June. Unit 2 is currently vacant, so the opportunity to rent at Market value straight away.

Additional Features Include:

Four secure single garages – a valuable bonus in this area, providing secure parking or storage

1115m2 Zoned Medium Density Residential (MRZ) – a major advantage, offering future development potential (subject to council consent)

Convenient Location with Everyday Amenities - Close to a range of supermarkets, shops, and public transport. The area provides easy access to essential services, making it a practical and appealing choice for tenants.

Property Highlights:

• RV $1,440,000
• 4 x spacious one-bedroom units in four Titles.
• Solid Summerhill Stone construction
• 4 secure single garages

-MRZ zoning – future development potential

Handy location near shops, supermarkets, and transport