Sold Property

A, C, B/558 Cashel Street, Linwood, Canterbury 8011

  • 1255
  • 7
  • 4
  • 1
  • 6

$850,000

3 Dwellings On One Title!

Investors/developers should view this 'Cash Cow ' on RMD land with potential for future development or land banking (TC2).

The front dwelling is the original with 3 bedrooms, 2 bathrooms, heat pump, nitestore, gas fire and new hot water cylinder. Long term tenant on fixed term until November 2020, paying $380pw.

The middle dwelling is a relocated red zone modern property on TC2 piles now clad in Linear with 2 bedrooms and large living, double glazed, and heat pump system for winter comfort. This property has a tenant on fixed term until August 2021, paying $375pw.

The 3rd dwelling situated at the rear is a relocated Bungalow (2005), comprised of 2 bedrooms, sunroom and combined kitchen/living. It has a heat pump and DVS system, some new carpet, new oven, hob and hot water cylinder. This property is currently rented at $300pw fixed term until November 2020.

Plenty of off-street parking and the front original property has a single garage.

When fully tenanted returning $54,040. Act quickly! Our owners have another project in mind and their motivation to sell is high!

Call me on 021 355 454 Property ID: #IM52103

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Sold Date

  • 16 October, 2020

Property features

  • Property Type: House
  • Property Features: Smoke alarms
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Garaging / carparking: Front House (A) - Single lockup Garage, Off street
  • Construction: Weatherboard
  • Joinery: Front House (A)- Timber, Middle House (C) - Double glazed Aluminium, Back House (B) - Timber
  • Insulation: Front House (A) - Ceiling, Middle House (C) - Ceiling & Floor, Back House (B) - Ceiling & Floor
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes
  • Heating / Cooling: Other (1 x Heatpump in each House)
  • Electrical: TV aerial
  • Chattels remaining: Front House (A) - Curtains, Fixed Floor Coverings, Light Fittings, Stove, Nitestore, Heatpump, Gas Fire, TV Aerial Middle House (C)- Curtains, Fixed Floor Coverings, Light Fittings, Stove, Rangehood, Heatpump, TV Aerial Back House (B) - Curtains, Fixed Floor Coverings, Light Fittings, Stove, Rangehood, Heatpump, DVS System, TV Aerial
  • Kitchen: Original and Finished in Laminate
  • Living area: Formal lounge, Formal dining
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Laundry: Separate
  • Views: Private
  • Aspect: North, West
  • Outdoor living: Garden
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
Read More

Office

Harcourts Ilam 2

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 1255
  • 7
  • 4
  • 1
  • 6

Sold Property

A, C, B/558 Cashel Street, Linwood, Canterbury 8011

$850,000

3 Dwellings On One Title!

Investors/developers should view this 'Cash Cow ' on RMD land with potential for future development or land banking (TC2).

The front dwelling is the original with 3 bedrooms, 2 bathrooms, heat pump, nitestore, gas fire and new hot water cylinder. Long term tenant on fixed term until November 2020, paying $380pw.

The middle dwelling is a relocated red zone modern property on TC2 piles now clad in Linear with 2 bedrooms and large living, double glazed, and heat pump system for winter comfort. This property has a tenant on fixed term until August 2021, paying $375pw.

The 3rd dwelling situated at the rear is a relocated Bungalow (2005), comprised of 2 bedrooms, sunroom and combined kitchen/living. It has a heat pump and DVS system, some new carpet, new oven, hob and hot water cylinder. This property is currently rented at $300pw fixed term until November 2020.

Plenty of off-street parking and the front original property has a single garage.

When fully tenanted returning $54,040. Act quickly! Our owners have another project in mind and their motivation to sell is high!

Call me on 021 355 454 Property ID: #IM52103

Property Features

  • Property Type: House
  • Property Features: Smoke alarms
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Garaging / carparking: Front House (A) - Single lockup Garage, Off street
  • Construction: Weatherboard
  • Joinery: Front House (A)- Timber, Middle House (C) - Double glazed Aluminium, Back House (B) - Timber
  • Insulation: Front House (A) - Ceiling, Middle House (C) - Ceiling & Floor, Back House (B) - Ceiling & Floor
  • Flooring: Vinyl and Carpet
  • Window coverings: Drapes
  • Heating / Cooling: Other (1 x Heatpump in each House)
  • Electrical: TV aerial
  • Chattels remaining: Front House (A) - Curtains, Fixed Floor Coverings, Light Fittings, Stove, Nitestore, Heatpump, Gas Fire, TV Aerial Middle House (C)- Curtains, Fixed Floor Coverings, Light Fittings, Stove, Rangehood, Heatpump, TV Aerial Back House (B) - Curtains, Fixed Floor Coverings, Light Fittings, Stove, Rangehood, Heatpump, DVS System, TV Aerial
  • Kitchen: Original and Finished in Laminate
  • Living area: Formal lounge, Formal dining
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Laundry: Separate
  • Views: Private
  • Aspect: North, West
  • Outdoor living: Garden
  • Land contour: Flat
  • Grounds: Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
Show More

Sold Date

  • 16 October, 2020
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Harcourts Ilam 2

Office Harcourts Ilam 2 Licensed under REAA 2008

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