Central Apartment Accommodation Business for Sale Christchurch

Why buy this Central Apartment Accommodation Business

Central Apartment Accommodation Business for Sale Christchurch

The accommodation complex at 252 Barbadoes Street was constructed in the 1970s and has been used as an accommodation complex since that time. For an initial period, a restaurant was located on the ground floor of the complex.

The location is very good, in close proximity to the central city (easy walking distance), and just an appealingly short stroll to the new Christchurch sports stadium complex being constructed. Good on-site parking is provided, with excellent vehicle access to both Hereford and Barbadoes Street (a south-bound one-way street).

Unit 8 is a convenient studio unit within the complex, which is presented in good condition.

It is suitable to live in, use as a city "bolthole", or utilise as a rental property. Prospective buyers should check the GST situation with their accountant, because if the intention is to use it as a rental property, they may not be able to reclaim GST on their purchase of the property.

If you have a hankering for city living, or a regular need for inner city accommodation, here is an opportunity you must consider - make the call today to view - you won't be disappointed!

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, CERA and other organisations. Additionally, the property may or may not comply with the Healthy Homes Standards. Harcourts Grenadier Real Estate Ltd is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability and recommend purchasers undertake their own due diligence regarding these items.