174 North Belt Lincoln, Selwyn District

174 North Belt, Lot 1 & 2 - 2 West Belt, Lincoln

Exceptional Investment Opportunity - Being sold as one going concern!
This prime real estate offering consists of three freehold titles, side by side, for a total land area of 2839m², providing an outstanding investment opportunity. Offering a mix of residential properties all complying with Healthy Homes standards, providing strong rental yields, this portfolio is perfect for investors looking to expand their holdings or re-develop ( subject to Council approval) in a high-demand location.

Property Breakdown:
174 North Belt
• Land Area: 643m²
• Two homes currently returning $835.00 per week (periodic leases)

2 West Belt
Lot 1
• Land Area: 1060m²
• Four 2-bedroom homes, currently returning $1,500.00 per week (periodic leases)
Lot 2
• Land Area: 1136m²
• Three 2-bedroom homes, currently returning $869.00 per week (periodic leases)

This combined portfolio offers a total of 9 rental units with solid rental returns in place, providing a steady income stream. With the flexibility of periodic leases and the opportunity to explore future development potential, this is a rare chance to secure a large-scale investment with long-term growth potential.

Key Features:

• Three freehold titles, side by side
• Total land area of 2839m²
• 9 rental units generating strong returns
• Mixed-use zoning with development potential (subject to council approval)
• Central location (Domain boundary) with access to amenities, public transport, and local infrastructure