The Outcome - is Income
This property has been in the hands of a long-term investor who is retiring to Australia. A great opportunity is now available, given its prestigious address and close proximity to the city. The owner tells us this property has always been easy to tenant and must be sold on or before auction day.
• Four x two-bedroom flats on individual crosslease titles.
• To be sold as an entire block, not individually.
• Kitchen and living room downstairs. Two large bedrooms and bathroom upstairs.
• Returning $1740 per week.
• Location is key, being directly opposite St Margaret's College gate.
• 570m2 more or less of RMD land, which is in constant demand by developers.
• Tidy interiors, all well-maintained.
• Four carports and one garage.
• Each flat with its own private courtyard.
• In zone for CGHS, CBHS, Heaton Intermediate and Elmwood School, plus close to a range of private schools.
What's it going to be worth in 20 years? This is spot on for a long-term investor who recognises the value of Christchurch land. Opportunities like this in such a great location don't come along every day, so contact Brian or Marie for more information.
Viewing is at open homes only, with no exceptions.
To view documentation in relation to this property, please copy and paste the link into your web address bar: https://www.propertyfiles.co.nz/property/L30986270