NAI Harcourts Grenadier are pleased to bring to the market for Sale as sole agents, 71 Budge Street, Riverside, Blenheim.
71 Budge Street is a split residential/commercial property and presents as a three bedroom refurbished house with further purpose built seven room accommodation complex including kitchen, dining, lounge and amenities.
This type of investment is designed to attract investors, business owners, or those interested in a home-and-income setup. It has steady, predictable cash flow due to strong demand for rental accommodation in the Blenheim district and being in close proximity to the city centre, the Nelson Marlborough Institute of Technology, and the surrounding viticulture and business areas.
Key Features:
• 890 sqm section
• 12 on-site car parks
• Turn key operation
• Cash flow ready
• Flexibility In Management: Options include self-management living on-site/off-site or with a professional manager
• Mixed Use and Compliance: Split residential and commercial property fully consented
• Purpose built, accommodation block built in 2008
• Accommodation Block 90% NBS
• Suitable For Out-Of-Town Investors
With a genuine long term investor downsizing their portfolio, we see this as a great opportunity to secure this outstanding property with lots of options, realistically priced, and potential high-yield investment, financial and accommodation information is available to qualified purchasers on request.
Contact the Sole agent for full details and viewing.
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https://www.propertyfiles.co.nz/property/L42840077
All areas are estimated only and are non-verified, tenants must make their own enquiries and seek expert advice.
Viewing is a must to appreciate the options here, to arrange a time to view or discuss the property please contact, Marc Findlay on 0274929998 or [email protected]
