Home | Substantial Investment – 6% Return!
A well set up residential investment in a great location within an easy distance of the University and Bush Inn shopping.
Solid brick, three bedroom home, plus five modern sleepout units on a large rear site with adjoining open fields. On-site car parking.
Please note: There are outstanding consent issues with regards to three of the sleepouts and exceeding six bedrooms. The vendor is in the process of resolving these issues.
Presently rented on fixed-term at $1,120 per week, until November 2021. Opportunity here to acquire a well set up investment property on a large site, showing a strong income and a return substantially higher than that achievable on bank deposit.
Copy and paste link to download property files – https://www.propertyfiles.co.nz/property/552790002
*Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same.