Listed: Wed, 16 Jul

Prime Opportunity : High-Yield Multi-Unit Complex

9 Hands Road, Middleton, Christchurch City, Canterbury

Price by negotiation

6+ Beds
6+ Baths
5 Living areas
569m² Floor
951m² Land

Other Features

6+ Ensuites
6+ Separate toilets
2 Garage parking
6+ Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$1,740,000
Broadband in the area	Fibre, ADSL, Cable, Wireless

Presenting a prime mixed-use investment strategically positioned on 951sqm of industrial-zoned land with 569sqm of floor area. This well-configured complex offers strong cash flow and excellent future potential in Christchurch's thriving western corridor.

Property Configuration:

Unit 5 (Upstairs): 4 studio units with kitchenettes and ensuites Unit 5 (Downstairs): Fully furnished living area with kitchen + another studio (ensuite & kitchenette& formal lounge)

5 dedicated car parks
Individual power meters for each room

Units 3 & 4: Two 2 rooms units with full kitchens (2 car parks each)

Unit 1: 1 room layout with living/kitchen area (1 car park)

Unit 2 (Owner-Occupied):

Upstairs: 5 office rooms + common living area
Downstairs: Living area with shower, laundry & kitchen facilities
Massive garage/storage space
Potential +$1,000/wk rental upside
2 dedicated car parks

Investment Highlights:

$2,620/week current income (Units 1,3,4,5)
+$1,000/week potential additional income (Unit 2 conversion)
Prime location: Short dive to Westfield Riccarton, Addington Raceway & Apollo Stadium
Dual zoning: Industrial with office/commercial/residential potential
Turnkey operation: Fully insured with health home certificates and professional management
Expansion-ready: Significant 951sqm land holding
Future development potential

Why Invest?

Immediate cash flow from existing tenancies
Multiple value-add opportunities
Excellent proximity to major amenities and transport routes

Contact Grace today at 021 0893 5311 to inspect this high-performing asset before it's gone.

All agents & their buyers welcome.

Property information Pack: https://vltre.co/4desiU

Please note that the land and floor area information was sourced from Property Guru and encourage all prospective purchasers to satisfy themselves or seek independent legal advice to the decision to buy.