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Ray White Barrington - Next Step Realty Ltd, (Licensed: REAA 2008)
Ali Ahmadi Ali Ahmadi

2 & 4 Alexandra Street, City Centre

Price by negotiation

Listing Description

Listed: Wed, 7 May

Dual-Income Opportunity in CBD Returning $900pw

2 & 4 Alexandra Street, City Centre, Christchurch City, Canterbury

Price by negotiation

Details

  •   4 Beds
  •   2 Baths
  •   140m² Floor
  •   343m² Land
Other Features
  •   2 Garage parking
AttributeValue
Property type
House
Capital value (CV)
$560,000
Parking
2 garage spaces
Agency reference
BGN33405
Broadband in the areaFibre, ADSL, Cable, VDSL, Wireless

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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Ray White Barrington - Next Step Realty Ltd, (Licensed: REAA 2008)
Ali Ahmadi

Ali Ahmadi


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Ali Ahmadi

Ali Ahmadi

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Ray White Barrington - Next Step Realty Ltd, (Licensed: REAA 2008)

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