Positioned in a highly convenient central Blenheim location, Haddin Apartments presents a distinctive investment opportunity comprising six individually titled apartments, an established accommodation operation and a separately titled 400m² section.
Located at 69 Maxwell Road, the property has undergone an extensive transformation from its origins as a collection of flats into six well-presented, self-contained apartments. Considerable investment has been made across the complex, creating modern, comfortable accommodation while retaining the individual character of each unit.
The apartments feature quality kitchens and bathrooms, double glazing, insulation, comfortable living areas and private outdoor courtyards, together with valuable off-street parking. The central location provides easy access to Blenheim's CBD, restaurants, cafés, shops and services, supporting its appeal as an accommodation offering.
Haddin Apartments currently operates as an established accommodation business, providing an incoming purchaser with the opportunity to acquire both the underlying property assets and an existing accommodation operation.
Importantly, the six apartments are individually titled, providing a level of flexibility rarely found in an offering of this nature. A purchaser may choose to retain the property as a complete investment, operate the accommodation business, investigate alternative rental strategies or consider the individual titles as part of a longer-term investment or divestment strategy.
Adding further value is a separately titled 400m² section positioned at the rear of the property and set back from Maxwell Road. This provides additional scope for future development, further accommodation or another use, subject to all necessary council and regulatory approvals.
The combination is compelling: six individually titled apartments, an existing accommodation business, a separate development site and a central Blenheim location, all offered within one property package.
For investors, accommodation operators or purchasers seeking an asset with multiple future options, Haddin Apartments represents an unusual opportunity to acquire an established property holding with both existing utility and further potential.
69 Maxwell Road, Blenheim - six apartments, seven titles and multiple possibilities.
Seeking enquiries over $3,600,000 plus GST if any