Sold Property

2/396 Hereford Street, Linwood, Canterbury 8011

  • 120 m2
  • 4
  • 2

$222,500

Perfect Pair? Or Just The One?

Affordable investment opportunity in close walking proximity to the CBD.

2 x 2 bedroom flats each on their own cross lease title. Recently renovated with freshly painted exterior and some double glazed windows added, new carpets, vinyl and paint job in the rear unit.

The front unit is currently tenanted at $270pw (periodic) and the rear unit would achieve a market rental of around $300pw giving a total of $570pw.

Available together or individually.

You can borrow money at 3.95% and a 7% return can be achieved here. It's a no brainer.

Deadline sale all offers presented (individually or together) Tuesday the 18th of December at 6pm. Property ID: #IM51801

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Sold Date

  • 20 December, 2018

Property features

  • Property Type: Unit, Block of units
  • Property Features: Smoke alarms
  • Roof: Iron
  • Tenure: Crosslease (freehold)
  • Property condition: Renovated
  • House style: Contemporary
  • Garaging / carparking: Off street
  • Construction: Composite Weatherboard and Block
  • Joinery: Timber, Aluminium, Double glazing
  • Insulation: Floor, Ceiling
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes, Net curtains
  • Heating / Cooling: Other (2 x Heatpumps (One in each unit))
  • Electrical: TV aerial
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Curtains, Drapes, 2 x Heatpumps, TV Aerial,
  • Kitchen: Modern, Open plan, Separate oven and Finished in Laminate
  • Living area: Open plan, Separate dining
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Main bathroom: Separate shower, Exhaust fan
  • Views: Private, Urban
  • Aspect: North, West
  • Fencing: Fully fenced
  • Land contour: Flat
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to shops, Close to schools
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Office

Harcourts Ilam 2

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 120 m2
  • 4
  • 2

Sold Property

2/396 Hereford Street, Linwood, Canterbury 8011

$222,500

Perfect Pair? Or Just The One?

Affordable investment opportunity in close walking proximity to the CBD.

2 x 2 bedroom flats each on their own cross lease title. Recently renovated with freshly painted exterior and some double glazed windows added, new carpets, vinyl and paint job in the rear unit.

The front unit is currently tenanted at $270pw (periodic) and the rear unit would achieve a market rental of around $300pw giving a total of $570pw.

Available together or individually.

You can borrow money at 3.95% and a 7% return can be achieved here. It's a no brainer.

Deadline sale all offers presented (individually or together) Tuesday the 18th of December at 6pm. Property ID: #IM51801

Property Features

  • Property Type: Unit, Block of units
  • Property Features: Smoke alarms
  • Roof: Iron
  • Tenure: Crosslease (freehold)
  • Property condition: Renovated
  • House style: Contemporary
  • Garaging / carparking: Off street
  • Construction: Composite Weatherboard and Block
  • Joinery: Timber, Aluminium, Double glazing
  • Insulation: Floor, Ceiling
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes, Net curtains
  • Heating / Cooling: Other (2 x Heatpumps (One in each unit))
  • Electrical: TV aerial
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove, Curtains, Drapes, 2 x Heatpumps, TV Aerial,
  • Kitchen: Modern, Open plan, Separate oven and Finished in Laminate
  • Living area: Open plan, Separate dining
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Main bathroom: Separate shower, Exhaust fan
  • Views: Private, Urban
  • Aspect: North, West
  • Fencing: Fully fenced
  • Land contour: Flat
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to shops, Close to schools
Show More

Sold Date

  • 20 December, 2018
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Harcourts Ilam 2

Office Harcourts Ilam 2 Licensed under REAA 2008

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