Richmond is a wonderful area adjacent to the inner city with a great heritage and charm. On the edge of the CBD, Avon River, Palms shopping mall and multiple choice of schools.

The development at 17 Warwick Street is immediately adjacent to the New World Supermarket and Richmond Park.

Priced from $399,000, this brand new mix of 2 bedroom townhouses plus dual key investment properties are very attractive to buyers with kiwi savers or investors looking for a double income opportunity.

This is the first limited release at pre-construction prices selling below the registered valuations by up to 5%.

Each 2 bedroom townhouse has spacious open plan living, designer kitchen with a breakfast bar, a well specified bathroom and a lovely outdoor area. Fully double glazed and insulated with generous sized bedrooms. Built over 2 levels with onsite car parking for each townhouse.

The dual key townhouses are a clever design that allows for 2 rental options or live in one side or rent the attached studio. The dual key design provides for a self-contained, 1 bedroom apartment plus an adjoining studio with kitchenette and bathroom. These units also provide an excellent rental proposition, with gross yields up to 8%.

With up to a $20,000 grant available via kiwi saver as part deposit (conditions apply) and the Bank lending rules being only 20% deposit for off the plans purchases of investment properties, this makes these townhouses or dual key homes very affordable. Interest has already been generated from first home buyers, lock and leave buyers, semi-retired clients and investors.

From $399,000 each, these are great value b