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Sold Property
Dougal Boyd Harcourts Riccarton
Seldom available, the classic untouched 1970s unit, pretty much on the Mall Boundary. Owned by our vendors mother for many years and most recently rented to the current tenant for the past 11 years.
Please note the current tenant has a fixed term tenancy through till February 2024. You could buy now and have the $400 per week income through till February, then modernise it and sell or hold for it your own needs. With the RV of $490,000 you'll own it for well below that and make some reasonably quick capital gains, following a speedy renovation.
It's just four houses down from the mall so that's a handy location for sure. It really is a faultless location if you love the mall, work in Riccarton, enjoy the Movies, need a city pad, Lock and leave, or would like a new investment property.
After a short period of investment property ownership your renovations can possibly be carried out and then classed as tax deductible repairs and maintenance.
Being the rear of 3 units, its stand alone and has a generous good-sized rear lawn and even a garden shed. Sun orientation is textbook, and the rooms are all quite generous. Two off street parks plus the garage, are an added bonus.
It's a must see and our owners are keen on a speedy uncomplicated sale.
Call me and I'll arrange for you to view the home at your convenience, asap.
Property files are available for download here: https://www.propertyfiles.co.nz/property/RN7474
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: #RN7474
Office
Licensed under REAA 2008
Sold Property
Seldom available, the classic untouched 1970s unit, pretty much on the Mall Boundary. Owned by our vendors mother for many years and most recently rented to the current tenant for the past 11 years.
Please note the current tenant has a fixed term tenancy through till February 2024. You could buy now and have the $400 per week income through till February, then modernise it and sell or hold for it your own needs. With the RV of $490,000 you'll own it for well below that and make some reasonably quick capital gains, following a speedy renovation.
It's just four houses down from the mall so that's a handy location for sure. It really is a faultless location if you love the mall, work in Riccarton, enjoy the Movies, need a city pad, Lock and leave, or would like a new investment property.
After a short period of investment property ownership your renovations can possibly be carried out and then classed as tax deductible repairs and maintenance.
Being the rear of 3 units, its stand alone and has a generous good-sized rear lawn and even a garden shed. Sun orientation is textbook, and the rooms are all quite generous. Two off street parks plus the garage, are an added bonus.
It's a must see and our owners are keen on a speedy uncomplicated sale.
Call me and I'll arrange for you to view the home at your convenience, asap.
Property files are available for download here: https://www.propertyfiles.co.nz/property/RN7474
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: #RN7474
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.
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