sold
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1 of 1
Sold Property
$1,400,000
Mark O'Loughlin Harcourts Redwood
First time for sale since being built in 2007, this very tidy complex of 6 only 1 bedroom units has a Housing New Zealand head lease in place at $300 per unit per week.
These extremely rare blocks are constant income generators and managed by HNZ. Rarely for sale, the current investor is distributing trust assets. Located just minutes from the CBD, Hagley Park and the bustling and exciting Addington village. There is potential to increase future value by creating separate titles for each unit
Each unit has recently completed a refresh and refurbishment to provide a comfortable and quality key investment for the astute buyer. Located on a nice minimal maintenance section with 6 onsite carparks. Gross rent is $1800 per week, with a purchase price of $1,450,000. Lease details, chattels list and further information by request.
Property ID: #RD6497
Office
Licensed under REAA 2008
Sold Property
First time for sale since being built in 2007, this very tidy complex of 6 only 1 bedroom units has a Housing New Zealand head lease in place at $300 per unit per week.
These extremely rare blocks are constant income generators and managed by HNZ. Rarely for sale, the current investor is distributing trust assets. Located just minutes from the CBD, Hagley Park and the bustling and exciting Addington village. There is potential to increase future value by creating separate titles for each unit
Each unit has recently completed a refresh and refurbishment to provide a comfortable and quality key investment for the astute buyer. Located on a nice minimal maintenance section with 6 onsite carparks. Gross rent is $1800 per week, with a purchase price of $1,450,000. Lease details, chattels list and further information by request.
Property ID: #RD6497
Mark O'Loughlin Harcourts Redwood
Office Harcourts Redwood Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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