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15
Solid Investment Opportunity – Well-Maintained Units
Units 1-4 185a Colombo Street, Beckenham
4
4
4
1,115
Here’s a great opportunity to secure a tidy, well-maintained investment in a consistently popular rental area. This block of four generous one-bedroom units offers reliable income and solid long-term potential. Built from durable Summerhill Stone, the property has been well cared for by its current owners. Each unit features a spacious double bedroom and is designed for low-maintenance, comfortable living—ideal for attracting reliable tenants. Unit 1 & 3 are rented to long term tenants at $320 & $350 per week on periodic tenancies. Unit 4 is signed up to be rented at $420 per week from the 25th June. Unit 2 is currently vacant, so the opportunity to rent at Market value straight away. Additional Features Include: Four secure single garages – a valuable bonus in this area, providing secure parking or storage 1115m2 Zoned Medium Density Residential (MRZ) – a major advantage, offering future development potential (subject to council consent) Convenient Location with Everyday Amenities - Close to a range of supermarkets, shops, and public transport. The area provides easy access to essential services, making it a practical and appealing choice for tenants. Property Highlights:
RV $1,440,000
4 x spacious one-bedroom units in four Titles.
Solid Summerhill Stone construction
4 secure single garages
MRZ zoning – future development potential
Handy location near shops, supermarkets, and transport
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Address
Units 1-4 185a Colombo Street, Beckenham
Price
SOLD Nov 25
Type
Block of Units
Bedrooms
4 Bedrooms
Bathroom
4 Bathrooms
Parking
4 Car Garaging
Land area
1,115
sqm
approx.
Listing ID
GMR11990
Price
SOLD Nov 25
Neil McLaughlin
Residential & Investment Sales
m.
027 432 4290
b.
03 343 9491
neil@glassmiles.co.nz
Hamish Binnie
Business Owner & Property Consultant
m.
021 151 3340
b.
03 343 9486
hamish@glassmiles.co.nz
Licensed under the REAA 2008
Glass Miles Real Estate Ltd
Glass Miles
32 Riccarton Road
Riccarton
Christchurch, 8011
b.
03 343 5178
f.
03 343 5179
www.glassmiles.co.nz
admin@glassmiles.co.nz
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