Listed: Thu, 2 Apr

Well-Positioned Investment Property

48 Eltham Road, Blenheim Central, Blenheim, Marlborough

Price by negotiation

5 Beds
3 Baths
1 Living area
220m² Floor
1318m² Land

Other Features

1 Garage parking
4 Off-street parking
Home & Income potential

Attribute	Value
Property type	House
Capital value (CV)	$700,000
Agency reference	BR43563
Broadband in the area	Fibre, Satellite, Wireless

Positioned in the heart of Eltham Road, this substantial 1910's character home presents an opportunity for those with vision and an eye for potential. Set on a generous 1,318sqm section and offering 220sqm of floor area, the scale alone makes this a standout prospect for investors, renovators, or buyers seeking a project with real upside.

Currently configured across 3 separate accommodation areas, the home provides flexibility rarely found at this level. Whether you choose to retain the existing layout and maximise rental returns with multiple tenants or flatmates or reimagine the space and restore it into one impressive family residence, the options here are both versatile and rewarding.

The property features 5 bedrooms, 3 bathrooms and 3 kitchens supporting its multi-living configuration and enhancing its appeal as a potential income-generating asset. With undeniable character from its era, there is plenty of scope to add value through renovation and modernisation over time.

Outside, the expansive grounds offer further opportunity. With ample space available, there is potential to enhance the property with garaging, landscaping, or additional improvements to further increase value and functionality. Centrally located and within easy reach of local amenities, this is a property that combines position, scale, and potential in one compelling package. Whether you're looking to invest, develop, or create something truly special, this is an opportunity not to be missed!

Viewings are by appointment - get in touch today to explore the possibilities.

For the information pack, please follow the below link to our Summit website and fill in the details to request the information pack - https://summit.co.nz/buy/listings/17673

Open home times

No times scheduled

Property Files

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These property files are supplied by the agent and Trade Me Limited has no responsibility for the completeness or accuracy of the property files

Local Schools

IN ZONE whitney street school
Whitney Street
376 m
Contributing (Primary), State, 348 enrolled
IN ZONE bohally intermediate
Mclauchlan Street
2.1 km
Intermediate (Intermediate), State, 513 enrolled
UNZONED richmond view school
26 Burleigh Road
473 m
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 320 enrolled

UNZONED st mary's school (blenheim)
3 Stephenson Street
781 m
Full Primary (Primary & Intermediate), State : Integrated, 180 enrolled
UNZONED marlborough boys' college
5 Stephenson Street
824 m
Secondary (Year 9-13) (Secondary), State, 1027 enrolled
OUT OF ZONE redwoodtown school
90 Cleghorn Street
966 m
Full Primary (Primary & Intermediate), State, 307 enrolled
OUT OF ZONE blenheim school
11 Seymour Street
1.5 km
Contributing (Primary), State, 169 enrolled
UNZONED marlborough girls' college
21 Mclauchlan Street
1.7 km
Secondary (Year 9-13) (Secondary), State, 957 enrolled
OUT OF ZONE witherlea school
214-216 Weld Street
2.1 km
Contributing (Primary), State, 394 enrolled
UNZONED te pā wānanga (proposed opening date: 2026-01-01)
Ōmaka Marae
2.4 km
Full Primary (Primary & Intermediate), State
OUT OF ZONE riverlands school
21 School Road
3.2 km
Full Primary (Primary & Intermediate), State, 204 enrolled
OUT OF ZONE queen charlotte college
173 Waikawa Road
27.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 392 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.