Sold Property
$2,640,000
Alison Aitken Harcourts City Christchurch
? Property Files link: please copy & paste link into your web browser, then register & the files will be emailed to you: http://www.propertyfiles.co.nz/property/CR45353
Forget the Oscars, this block of 8 x two-bedroom flats is the real deal when it comes to star performances.
Lucrative - fully occupied and currently returning a rent roll of $2,910 per week ($151,320 per annum), this represents a brilliant nest egg. All units meet Healthy Homes Standard regulations and are professionally managed, so you can "set and forget". Several of the flats are furnished, so you may wish to explore this option further and increase your revenue.
Location - Just outside the Four Aves and strolling distance to Hagley Park, the block's proximity to Victoria St and the CBD means it will always be in demand.
Land - and let's not forget the underlying value presented by 1,077m2 of freehold Residential Medium Density (RMD) zoned land. Enjoy the cash flow, while knowing that your wealth is further underpinned by the long-term options this freehold parcel offers.
Our sellers are 100% serious in their intent, so we suggest you act quickly, lest another savvy investor snaps this block up before the scheduled auction date.
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.
Property ID: #CR45353
Office
Licensed under REAA 2008
Sold Property
? Property Files link: please copy & paste link into your web browser, then register & the files will be emailed to you: http://www.propertyfiles.co.nz/property/CR45353
Forget the Oscars, this block of 8 x two-bedroom flats is the real deal when it comes to star performances.
Lucrative - fully occupied and currently returning a rent roll of $2,910 per week ($151,320 per annum), this represents a brilliant nest egg. All units meet Healthy Homes Standard regulations and are professionally managed, so you can "set and forget". Several of the flats are furnished, so you may wish to explore this option further and increase your revenue.
Location - Just outside the Four Aves and strolling distance to Hagley Park, the block's proximity to Victoria St and the CBD means it will always be in demand.
Land - and let's not forget the underlying value presented by 1,077m2 of freehold Residential Medium Density (RMD) zoned land. Enjoy the cash flow, while knowing that your wealth is further underpinned by the long-term options this freehold parcel offers.
Our sellers are 100% serious in their intent, so we suggest you act quickly, lest another savvy investor snaps this block up before the scheduled auction date.
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.
Property ID: #CR45353
Alison Aitken Harcourts City Christchurch
Office Harcourts City Christchurch Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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