Investment opportunities like this don’t come along every day.
A new fixed term 12 month lease signed at $840 p/w which equates to a 7.8% gross return on investment.
This north facing double storey home offers 6 double bedrooms with wardrobes, 2 bathrooms plus a separate toilet.
The kitchen is very spacious complete with double oven and gas cooker – ample cooking facilities to cater for the tenant’s needs.
The dining area flows from the kitchen with a separate lounge. This property has plenty of room in the front yard for those fun summer days also allowing the sun to pour into the living area and upstairs bedrooms.
Wait, there’s more!
This property can also be split into two separate units (with an upstairs kitchenet and direct access) which you can capitalize on in the future.
With Schools and the University of Canterbury just a stone’s throw away, plus the added bonus of various amenities including The Bush Inn, supermarkets, restaurants in close proximity, this will surely be a safe investment for many years to come.
The new owner will receive an EQC cash payment of $13,730 for cosmetic repairs.
A great investment that won’t last long.
If you would like further information on this property, copy and paste the following link into your web browser: http://www.propertyfiles.co.nz/property/1086303
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