Mandeville has so much appeal for a myriad of reasons. The convenience of Riccarton and its comprehensive amenities, proximity to Hagley Park and Deans Bush, the most desired school zones in the City and walk to work, particularly the hospital and the CBD.
These are the reasons strong tenancies have been in place since construction in the early 2000's.
Good living spaces and outdoor courtyards add further appeal. Secure garaging, good insulation, ease of maintenance - all the elements that savvy long term investors should be seeking.
Current annual income of $59,020 is modest, but as time passes this is a cracker cash flow or retirement scheme.
But take serious note, we act on estate instructions- this property will be SOLD.
To download the information pack please click on the below link, then register and you will be able to access the files:
http://www.propertyfiles.co.nz/property/CR38556
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.
$1,200,000 3 Merivale Lane, Merivale - Christchurch City
Share