Waimakariri Median PriceWaimakariri Median Rent | A16 Blackburn Street, Sovereign Palms, Kaiapoi | $477,770 listed in Feb 2014 | House: 4 2 | Land size: 505 sqm | Building size: 174 sqm [Measure] | Agent: Stonewood Homes Ltd |
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| ![](http://cbk0.google.com/cbk?output=thumbnail&w=160&h=130&ll=-43.3830321,172.6569578) Neighbour Photos |
Map | Street view | Nearby | Property Description: | Under Offer This property is currently under offer, please see our other investment listings. Superb Investment – 3 year lease with 2 year right of renewal! The ideal investment for anyone who wants the best of all worlds – excellent return on investment with a high expected capital gain, and someone else handling the tenants and any issues for you. These homes are being built for use by employees and contractors of an excellent corporate tenant - Fletchers. They come complete with a three year lease with the right of renewal for a further term of two years. The rent is $485 per week, with annual rent reviews. Properties will be managed through a property management company at a competitive management fee of 7% inc GST (6.09% exc GST) of rental. You will get a brand new completely finished new home complete with a stable tenant for 3 to 5 years, and no worries as someone will manage the properties for you.
Agency reference #: 680 |
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