419 Gloucester Street, Linwood - SOLD SOLD

Flat 1 and Flat 2, 419 Gloucester Street, Linwood, Christchurch   
Listed: 18 Aug 2020

ATTN: INVESTORS! ONE HOUSE = TWO INCOMES - Offers Over $395,000 - If you are looking to increase your rental portfolio, or start on the property investment ladder, then this is the deal for you!


Great location – close to the city centre, Eastgate Shopping Centre, AquaGym Swim Centre, and many other attractions.

This house has already been converted into two flats, with a combined gross rental income of $550 per week.

Flat 1 (front flat): contains one double bedroom, bathroom with shower & toilet; and open plan kitchen/dining & living. The fridge/freezer is also included.  It is heated by a heat pump, and had R4.0 ceiling batts installed in 2015. It is set within a secure front yard, and has an off street parking bay.

Flat 2 (back flat):  contains three bedrooms, updated bathroom, lounge, separate kitchen; and separate laundry leading into a separate toilet. The fridge/freezer and dishwasher are included. This flat also had new ceiling insulation installed in 2015, and also contains a heat pump. There is a secure back yard, separate driveway access to the carport and off street parking bay.

With tenants already in place on fixed term tenancies, and the vendor already organising a roof replacement, you should not let this one pass you by.

Get your calculator out, do your sums; and come to the open home to view!

Things we love:

  • Heat pumps and insulation already installed.
  • Fixed term tenancies already in place.
  • New roof!  (To be installed).




Due to the evolving COVID-19 pandemic, we are currently conducting all inspections privately. Our priority is the safety and well-being of our clients, staff, and the general public.

At all inspections, please ensure you:

  • Maintain at least 1.5m distance from other people
  • Avoid touching surfaces
  • Wash your hands before entering
  • Please do not book an inspection if you have:
    • been unwell with cold or flu like symptoms
    • travelled overseas in the last 14 days
    • been in contact with any suspected or confirmed cases of COVID-19


Details contained sourced from: RPNZ, REINZ, CCC, Cera, Property Smarts, & the Vendor.

Statement of passing over information

This information has been supplied by the vendor or vendor’s agents. Accordingly BlueSky Real Estate Limited is merely passing over the information as supplied to us by the vendor or vendor’s agents. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into the same. To the maximum extent permitted by law BlueSky Real Estate Limited do not accept any responsibility to any person for the accuracy of the information herein.


Location: Flat 1 and Flat 2, 419 Gloucester Street, Linwood, Christchurch

Living areas: 2

Bedrooms: 4

Bathrooms: 2

Open Home Details

Wednesday 26 August 3.30 - 4.00 pm; and Sunday 30 August 2.00 - 2.30 pm