Perfectly affordable this property is all about location and an easier lifestyle. You’ll love living here. Stroll to the Woolston Tannery precinct to experience the atmosphere of cafes, restaurants and quality diverse shopping; or simply watch the urban world go by from your first floor balcony. Claim back the weekend and imagine a life with no lawns, no weed spraying and no exterior maintenance.

Perfectly secure the apartment offers a kitchen big enough to entertain in, generous and modern open plan living, ample light and warmth from the double glazed north facing windows, off street parking and ample storage, two double bedrooms, modern tiled bathroom with laundry, and let’s not forget the balcony for those hot summer months.

Because life is too short to be sitting in peak hour traffic, you can simply walk down the stairs to your business, where your clients will come to you. Zoned Business 5 the range of work options from the immaculately clean warehouse or office space will be almost limitless.

Offering positive options for home buyers, SME business owners, seasoned investors, and all who love an apartment lifestyle with the perfect configuration to work from home: 53 Tanner Street represents very smart real estate, located right in the heart of Woolston - one of Christchurch’s up and coming suburbs.

Under the same ownership since the complex was built in 2006, our vendor is keen to retire and will consider all reasonable offers around the 7.5% gross capitalisation rate.

 

CONSTRUCTION DETAIL: Low maintenance tilt slab solid reinforced concrete and steel construction. Assessed at 73% NBS with a design proven to withstand seismic activity. Minor earthquake damage has been repaired with the building freshly painted inside and out.

MARKET RETURNS: $20,000 annually or $386 average weekly two bedroom rental / $9,400 ann