Sold Property

11 Sherborne Street, St Albans, Canterbury

  • 645
  • 6
  • 6
  • 6
  • 2

$900,000

Cash Cow, Selling Now.

After many fruitful years of ownership my Southland based vendors are retiring from this high performing investment block.
On offer are 6 x 1 bedroom units on one title returning $74,100 pa from reliable established tenants. 6 carports and additional off street parks.
The rental income ranges from $225-$250 per unit, securing yourself a smart buy. Renting a large multiple of affordably priced units is a well proven and secure investment strategy. An opportunity like no other for anyone considering expanding their property portfolio.
Close proximity to Edgeware Village and the rapidly rejuvenating CBD will ensure solid demand from tenants into the future. My vendors are resolute in their decision to sell and demand a sale on or before auction day. Must be sold, call today! Property ID: #IM51293

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Sold Date

  • 25 October, 2017

Property features

  • Property Type: Block of units
  • Property Features: Smoke alarms
  • Roof: Iron
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Unit style: Number in block: 6, Number of levels: 2
  • Garaging / carparking: Open carport, Off street
  • Construction: Weatherboard and Block
  • Joinery: Aluminium
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Ceiling fans
  • Electrical: Satellite dish, TV points
  • Chattels remaining: Detailed Chattels list available on request.
  • Kitchen: Standard, Rangehood, Extractor fan and Finished in Timber and Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower, Exhaust fan, Heater
  • Laundry: In bathroom
  • Views: Urban, Private
  • Aspect: North
  • Outdoor living: Clothesline, Garden
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Garden: Garden shed
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to schools, Close to shops
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Office

Harcourts Ilam 2

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 645
  • 6
  • 6
  • 6
  • 2

Sold Property

11 Sherborne Street, St Albans, Canterbury

$900,000

Cash Cow, Selling Now.

After many fruitful years of ownership my Southland based vendors are retiring from this high performing investment block.
On offer are 6 x 1 bedroom units on one title returning $74,100 pa from reliable established tenants. 6 carports and additional off street parks.
The rental income ranges from $225-$250 per unit, securing yourself a smart buy. Renting a large multiple of affordably priced units is a well proven and secure investment strategy. An opportunity like no other for anyone considering expanding their property portfolio.
Close proximity to Edgeware Village and the rapidly rejuvenating CBD will ensure solid demand from tenants into the future. My vendors are resolute in their decision to sell and demand a sale on or before auction day. Must be sold, call today! Property ID: #IM51293

Property Features

  • Property Type: Block of units
  • Property Features: Smoke alarms
  • Roof: Iron
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Unit style: Number in block: 6, Number of levels: 2
  • Garaging / carparking: Open carport, Off street
  • Construction: Weatherboard and Block
  • Joinery: Aluminium
  • Flooring: Carpet and Vinyl
  • Window coverings: Drapes
  • Heating / Cooling: Ceiling fans
  • Electrical: Satellite dish, TV points
  • Chattels remaining: Detailed Chattels list available on request.
  • Kitchen: Standard, Rangehood, Extractor fan and Finished in Timber and Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Main bathroom: Separate shower, Exhaust fan, Heater
  • Laundry: In bathroom
  • Views: Urban, Private
  • Aspect: North
  • Outdoor living: Clothesline, Garden
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Tidy
  • Garden: Garden shed
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to schools, Close to shops
Show More

Sold Date

  • 25 October, 2017
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Harcourts Ilam 2

Office Harcourts Ilam 2 Licensed under REAA 2008

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Need to sell before you Buy?

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