Offered with vacant possession, Units 1-6, 162 King Street presents a genuine value add opportunity in one of Christchurch’s most accessible city fringe locations. With six two-bedroom units held on individual titles, purchasers can immediately undertake refurbishment works, reposition the asset with options out the other end.
Positioned just off Colombo Street in the heart of Sydenham, the property enjoys excellent connectivity to Christchurch’s CBD, surrounding retail and hospitality amenities, public transport links, and major arterial routes. Its strategic location underpins strong long term rental demand while providing a desirable living environment for future occupants.
Whether your strategy is to renovate and retain for long term cashflow, or enhance and progressively sell down the individual units, the property offers multiple avenues to create value. The combination of vacant possession and individual titles provides a level of flexibility seldom found in residential investment opportunities offered to the market.
Each unit also benefits from single garaging, while the fenced backyards provide privacy between neighbours and add to the overall appeal and convenience of each home
For sale by Auction 10am, Thursday 15 October 2026 (unless sold prior). Auction venue is Colliers Auction Room, Building 1, Level 1, 181 High Street, Central Christchurch, 8011.
*Boundary lines are indicative only.
Features:
- 6 x 2-bedroom units
- Value Add opportunity
- Offered with vacant possession
- 6 x individual unit titles
- Long term hold vs individual sell down
- Easy access to CBD and amenities
- Single garaging
- Insured
More information: https://www.colliers.co.nz/p-NZL67042470
