20 Henderson Street Riversdale, Marlborough District

Must be sold by 31 March as the owner is desperate to take advantage of a non property opportunity.

They have owned this for over seven years during which time it has been rented to the same tenant who has paid every week, managed the property at no cost and kept it in good tidy condition. The tenant would like to discuss with the new owner, a further long term fixed rental of this Healthy Home approved property, to continue the arrangement of the last seven years.

Own title, own driveway, sunny decent section. Re roofed, exterior repainted. Three bedrooms 1960's build - it's got to be seriously great value.

Rented for $570 per week with annual reviews it returns around 7% - a stunning investment!

Ignore all previous pricing and indications - they are out the window - this has to go. Extreme motivation to sell this cash cow and there's no need to live locally as the tenant manages everything, and pays every week without fail.

It's property investment that you can only dream about. Yes it is happening - it's for absolute and definite sale and looking for your offers. Number 18 Henderson Street next door is also for sale with the same deal - it simply has to go.

For Sale By Deadline Sale - Offers closing 1pm Wednesday 11 February 2026 (unless sold prior).

https://rwblenheim.co.nz/