This won’t happen again! We have 3 separate owners owning all 4 properties on this prime 1,050 m2 RMD Riccarton site opposite Westfields. All properties may be purchased separately, or you can make offers on all 4 contemporanously and own the whole block.

This opportunity is rare, and all 3 owners are genuinely offering each property for sale. These would also suit investors and first home buyers, so if you want the best available land that is arguably the best available position in Riccarton, this is your one and only chance.

Unit 1 $495,000 rent is $495/wk
Unit 2 $515,000 rent is $425/wk
Unit 3 $480,000 rent is $380/wk
Unit 4 $480,000 rent is $380/wk

The rents on units 2,3 and 4 are all well under market rates – so there is potential to lift the cap rate significantly once you own them.

Combined, the floor area of the 4 units is 320 m2 with 8 bedrooms. All tenanted, some for many years. With a combined Rateable value of $1,990,000 – don’t take too much time doing your due diligence; if an individual owner gets a great offer, your opportunity might be lost forever.

Viewing is strictly by appointment only and may be ‘grouped’ to avoid excess intrusion on the tenants, so contact Alan or Mike today to register a time to view.