112 Peverel Street & 2 Piko Street
Fantastic development opportunity, 2 titles totalling 1219m2 of Residential Suburban Density Transition Zone Land (RSDT) with excellent holding income.
The 1940s dwelling has been maintained and consists of two x 2 bedroom units with decent living rooms, separate kitchen, bathroom and laundry. These are rented $295.00p/w
There is also a house bus with a cabin with a bathroom. This is rented for $400.00p/w
Total weekly rent is $990.00, this translates into a 6.89% return on investment.
Situated superbly within Christchurch Boys' High and Christchurch Girls' High School zones. 1.5km from Canterbury University, 600m from Westfield Mall, 1km from Riccarton Bush, less than 2km from Tower Junction Shops and less than 5km from the City Centre.
Internal photos are of 112 Peverel, 2 Piko Crescent has an updated kitchen.
Property Files can be downloaded from www.agentsend.com/AHO2
For more information contact Logan Freeman on 0278431405 or logan.freeman@harcourts.co.nz
*Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.
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