Income Earner - As Is, Where Is

210 Colombo Street, Sydenham

$360,000

Property ID: RD7857

2 1 2

Occupying a high-profile corner site and enjoying instant cash flow offered by a long-term tenant, this charming investment property offers various long-term options and is presented to the market on an 'as is, where is' basis.

Currently leased by Amala Organic Hair, it provides you with a consistent income stream for the next three years. The tenants also have the right to renew for another three years, as well as the following three years after that. This 240m2, TC3 section is freehold and zoned medium density which will appeal to investors who are considering redevelopment down the track.

The property itself is well-presented and packed with personality, with character detailing and undeniable potential offered indoors.

The location is superb, in the heart of Beckenham and only a few minutes' drive from The Colombo and city centre. It is also in-zone for Beckenham School and Cashmere High School which further underpins the value of your investment.

With no plan B in place, the vendor is determined to achieve a result in a timely fashion. Contact me for more information.

To view and download the property files, go to: https://propertyfiles.co.nz/property/210Colombo

Please be aware that this information has been sourced from our vendor and/or external third parties, including but not limited to REINZ, Property Guru, Property Smarts, Land Information NZ, Local Councils, and other organisations, and we have not been able to verify the accuracy of the same.

Property Information

Property Type

House

Property Features

Security system, Smoke alarms

Tenure

Freehold

Property condition

Good

House style

Bungalow

Garaging / carparking

Off street

Construction

Weatherboard

Joinery

Timber

Insulation

Ceiling

Flooring

Timber

Heating / Cooling

Heat pump, Gas bottled

Chattels remaining

Fixed floor coverings, Light fittings, Heatpump x 2

Kitchen

Original and Finished in Stainless steel

Living area

Open plan

Bedroom 2

Double

Bedroom 3

Double

Laundry

Separate

Aspect

West

Fencing

Fully fenced

Land contour

Flat

Water heating

Gas, Electric, litres: 65

Water supply

Town supply

Sewerage

Mains

Locality

Close to schools, Close to shops, Close to transport

More Details URL

https://propertyfiles.co.nz/property/210Colombo

Pedro Park
Pedro Park

P03 352 0352

M021 223 2032

Epedro.park@harcourts.co.nz

Mark O'Loughlin
Mark O'Loughlin

P03 352 0352

M021 339 078

Emark.oloughlin@harcourts.co.nz