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44 Chalmers Avenue, Hampstead, Ashburton

Two Units, One Title

dollar

Negotiation

House
House
Bedroom
5
Bathroom
2
Floor area
300m2
Land area
1011m2
Title type
Freehold
Garage
2
Covered park
2
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Property details

Listing # ASH43883 | Listed on 20 July

We are pleased to present an outstanding investment opportunity featuring a well-maintained duplex on its own title, offering strong rental returns and exciting future development potential.
The property comprises of one 2 bedroom unit and one 3 bedroom unit.
Both units include carports, providing convenient off-street parking for tenants. A separate garage, currently leased, adds an additional income stream.
A standout feature is the vacant section located at the rear of the property, offering excellent potential for future development, subdivision (subject to council approval), or land banking for long-term capital growth.
Current gross rental income: $44,720 per annum.
Whether you're an investor seeking reliable returns or looking to unlock future value through development, this versatile property deserves your attention.

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