Total rent of $62,400 in 2015. Originally built in 1950s and extended in the 1970s, the house is in two flats and has a total of 9 bedrooms.
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Front flat (28 Suva St) is 5 bedrooms, 2 living, and 1 bathroom and is rented for $650pw to February 2017. Back flat is 4 bedrooms, 1 living, and 1 bathroom and currently advertised for rent.
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Located in a very popular area where tenants require proximity to University of Canterbury and the abundance of excellent amenities provided by Westfield and Bush Inn shopping centres. Sited on a 982sqm parcel of freehold land, CERA zoned TC 1.
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Opportunity to enhance the property and add value, EQC payment of $28,507.64 will be credited to the purchaser on settlement.
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Owners of 15 years now require an immediate sale.