Sold Property

62 Essex Street, Phillipstown, Canterbury 8011

  • 1500
  • 1135 m2

Mortgagee Sale - Freehold Property & Accommodation Business

Site: 1500sqm Freehold. Zoned Industrial. Fully consented.
Close to Fitzgerald Avenue, Te Kaha Stadium and the CBD
Multi-unit residential accommodation over three levels.
Third level recently completed. 100% NBS
Floor area: 1135sqm providing 50 accommodation units including Manager's unit.
Each level comprises rooms, common kitchen facilities and amenities.
Rooms are sunny and all have windows with outlook.
Business - This temporary accommodation business enjoys significant cashflows from weekly rental receipts with upside potential.
Property - This has considerable future development potential.
Manager - The experienced in-house manager remains on site to manage day-to-day operations and would consider continuing for new owner.
The business finances are being managed by the Receiver.
Accommodate your future financial goals by securing this opportunity.

Contact Mike Drummond 021 237 4606 for information and viewings.

Call Mike Drummond 021 237 4606 for information and viewings

**Documents are available for download from the public Harcourts website - scroll down to the grey area headed - Property Documents.** Property ID: #HHC4792

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Sold Date

  • 27 February, 2024

Property features

  • Property Type: Other (Residential Accommodation)
  • Property Details: Tenanted Investment
  • Zone: Industrial
  • Tenure: Fee Simple

Office

Harcourts Holmwood Commercial

Licensed under REAA 2008

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Est. bond $1920
  • 1500
  • 1135 m2

Sold Property

62 Essex Street, Phillipstown, Canterbury 8011

Mortgagee Sale - Freehold Property & Accommodation Business

Site: 1500sqm Freehold. Zoned Industrial. Fully consented.
Close to Fitzgerald Avenue, Te Kaha Stadium and the CBD
Multi-unit residential accommodation over three levels.
Third level recently completed. 100% NBS
Floor area: 1135sqm providing 50 accommodation units including Manager's unit.
Each level comprises rooms, common kitchen facilities and amenities.
Rooms are sunny and all have windows with outlook.
Business - This temporary accommodation business enjoys significant cashflows from weekly rental receipts with upside potential.
Property - This has considerable future development potential.
Manager - The experienced in-house manager remains on site to manage day-to-day operations and would consider continuing for new owner.
The business finances are being managed by the Receiver.
Accommodate your future financial goals by securing this opportunity.

Contact Mike Drummond 021 237 4606 for information and viewings.

Call Mike Drummond 021 237 4606 for information and viewings

**Documents are available for download from the public Harcourts website - scroll down to the grey area headed - Property Documents.** Property ID: #HHC4792

Property Features

  • Property Type: Other (Residential Accommodation)
  • Property Details: Tenanted Investment
  • Zone: Industrial
  • Tenure: Fee Simple

Sold Date

  • 27 February, 2024

Mike Drummond Harcourts Holmwood Commercial

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Harcourts Holmwood Commercial

Office Harcourts Holmwood Commercial Licensed under REAA 2008

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