An easy care investment property returning over 6% on the asking price.(Rent is reviewed yearly)

Perfect first investment property or add it to your portfolio.

Currently rented out to Housing New Zealand Corporation on a 5 year lease until April 2017 plus the right of renewal until 30 April 2022.

That’s 8 Years of guaranteed rent.

Housing New Zealand is also responsible for maintenance and repairs during this time.

Located in a quiet private lane within close proximity to parks, local shops, the thriving malls at Riccarton, Barrington and Addington Village.

There is a medical centre, supermarket and bus stop within 100 metres of the front gate.

Built in 2002 and offering an excellent open plan living area, two bedrooms and internal access garage. A small garden and lawn area make for easy care.

This over 60’s unit offers an excellent opportunity for someone looking for no maintenance, hands off investment.

Just sit back and let HNZC look after your investment. Property prices in Christchurch have increased on average, 17.5% in the last two year.

Please call to arrange an inspection.