sold
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1 of 22
Sold Property
m2
$2,000,000
Dougal Boyd Harcourts Riccarton
Units 8 , 8a and 8b are up for sale either individually or potentially purchase all three as a parcel. The basics are, three units all with 5 bedrooms each, no one bedroom is better than any other so no real short straw room, or potential discontent within the groups of tenants. Rented at $675 per week, 8A is $725 and 8b is $700 all through till mid/late Jan 2022. Each unit has 4 or more off street car parks and bike sheds. This feature makes them so lettable.
Construction is of classic brick and iron roof, hassle free permeant materials.
Unit 8 in front has had the same tenants now for 4 years and they love it, (no rent increase during that time...)
Located in the heart of Riccarton, the preferred student accommodation location. Just minutes away from Westfield Mall and the commercial hub associated with Riccarton. Wharenui Pool is within one hundred meters. Current tenants are a mix of Canterbury and Lincoln Unis students, they all pay on time look after their homes, and are going places in the world. So a healthy credit rating is paramount to their futures.
These units are underpinned value wise by the RMD (L3) underlying land. This land has enjoyed skyrocketing value increases in the last 12 months always the long term asset growth consideration.
All the units have or will have Healthy Homes accreditation for your piece of mind and for your tenants ongoing comfort and enjoyment of life.
The current owners built these homes in 2008 and they have stood the ultimate test of time (minimal very minor EQC issues).
Another large project of the vendors requires a cash injection, so these will all be sold either on or before Auction day.
To download property files, copy and paste the following link into your browser:
https://www.propertyfiles.co.nz/property/RN6870
Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same
Property ID: #RN6870
Office
Licensed under REAA 2008
m2
Sold Property
Units 8 , 8a and 8b are up for sale either individually or potentially purchase all three as a parcel. The basics are, three units all with 5 bedrooms each, no one bedroom is better than any other so no real short straw room, or potential discontent within the groups of tenants. Rented at $675 per week, 8A is $725 and 8b is $700 all through till mid/late Jan 2022. Each unit has 4 or more off street car parks and bike sheds. This feature makes them so lettable.
Construction is of classic brick and iron roof, hassle free permeant materials.
Unit 8 in front has had the same tenants now for 4 years and they love it, (no rent increase during that time...)
Located in the heart of Riccarton, the preferred student accommodation location. Just minutes away from Westfield Mall and the commercial hub associated with Riccarton. Wharenui Pool is within one hundred meters. Current tenants are a mix of Canterbury and Lincoln Unis students, they all pay on time look after their homes, and are going places in the world. So a healthy credit rating is paramount to their futures.
These units are underpinned value wise by the RMD (L3) underlying land. This land has enjoyed skyrocketing value increases in the last 12 months always the long term asset growth consideration.
All the units have or will have Healthy Homes accreditation for your piece of mind and for your tenants ongoing comfort and enjoyment of life.
The current owners built these homes in 2008 and they have stood the ultimate test of time (minimal very minor EQC issues).
Another large project of the vendors requires a cash injection, so these will all be sold either on or before Auction day.
To download property files, copy and paste the following link into your browser:
https://www.propertyfiles.co.nz/property/RN6870
Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same
Property ID: #RN6870
Dougal Boyd Harcourts Riccarton
Office Harcourts Riccarton 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.
393 Kowai Road, Springfield - Selwyn District, Canterbury
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