


Listing Description
Dual-Income Opportunity in CBD Returning $900pw
2 & 4 Alexandra Street, City Centre, Christchurch City, Canterbury
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $560,000 |
Parking | 2 garage spaces |
Agency reference | BGN33405 |
Broadband in the area |
Description
Under Offer
Unit 2 features one bedroom and one bathroom, while unit 4 offers three bedrooms and one bathroom. Together, they generate a combined rental income of $900 per week.
Perfectly positioned on the edge of Christchurch's rapidly growing CBD, this dual-key property at 2 Alexandra Street offers an unbeatable investment opportunity. With two self-contained units-each with its own kitchen, bathroom, garage, and separate access-this setup provides the flexibility of strong dual rental income or the option to live in one and rent the other.
Both units are currently tenanted, making this a high-performing asset from day one. Located just minutes from the new Te Kaha Stadium, Riverside Market, and the city's best cafes and entertainment, this is where growth, demand, and convenience converge.
The central location, combined with the city's ongoing regeneration, makes this an exceptional long-term hold. Whether you're expanding your portfolio or looking for a future-proof investment, opportunities like this are rare.
Key Details: Floor Area: 140m2 (approx) Land Area: 343m2 (approx) CV: $560,000 LV: $370,000 IV: $190,000 Rates: $3,694.82 Rental Appraisal: $890-940pw Built: 1925 School Zones: Christchurch East School Legal Description: Lot 2 Deposited Plan 69142 Certificate of Title: Freehold
To download the information for this property, please copy this link into your web browser: https://www.agentsend.com/2.4.ALEXANDRASTREET
Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice.
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