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Rental Investment

Kaiapoi, 151 Williams Street

$650,000 Plus GST (if any)

Listing Number: BF29674
About this listing
151 Williams Street, Kaiapoi
- Priced at $650,000 including GST (if any)
- Returning $56,800 per annum (8.7% return)
- Total floor area 351m² (approx.)
- Two Titles, total area 599m² (approx.)
- 3 covered car parks

This property consists of an approximate 250m², two storey character home, built between 1910 & 1919, which has been divided into two independent flats (one upstairs, one downstairs). A separate, approx. 101m², one bedroom flat is located towards the rear of the site. Each flat has its own covered car park (two carports and one single garage).

The buildings are located on the corner of Williams Street & Sewell Street, Kaiapoi and are set on approximately 599m² of land, on two titles, which are zoned commercial (8A). All three flats are currently tenanted.

The two storey building has a large advertising billboard fixed to the upper side which is viewable from Williams Street. This is leased to an advertising agency.

Inspection is invited - the agents will arrange a time to suit the tenants and the prospective purchasers.

To download further documentation on this property, please copy and paste the following link into your browser: http://www.naiharcourts.co.nz/Property/844878/BF29674/151-Williams-Street#documents

Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, Land Information NZ, Local Councils, ECAN and other organisations. Twiss-Keir Realty Limited is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability.
Property Information
  • Tenure: Fee Simple
  • Property Type: Other (Mixed Commercial / Residential investment), Tenanted Investment
Property Documents
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