Dual income, your own home plus extra income, or extended family living; the choices abound here with this freehold, multi-dwelling property. Freshly renovated and wearing a brand new lick of paint this three bedroom home plus standalone one bedroom flat is perfectly placed to make the most of the rental market, or plan ahead to secure a position in those great school zones. The main home features three good sized double bedrooms, living space with heat pump and log burner and direct access through sliding doors to the sunny new deck and outdoor area. Having recently undergone EQC repairs, and then some, the property now sports freshly painted modern tones, new curtains and new carpets. The back flat is a standalone, self-contained, tidy one bedroom home, with separate bedroom, open plan living and kitchen and new bathroom fixtures. A divided double garage and a large backyard complete the package. All of this and QEII, the future site of both Shirley Boys and Marian High schools, is right over the back fence! With a tenant all lined up for flat 1 at $350 per week, and flat 2 currently advertised at $210 per week; giving a combined potential rental income of $29,120 per annum, offering a fantastic (approx.) 7% return! Source: Christchurch City Council, RPNZ, LINZ, landcheck.org,nz, Vendor, Vendor's Agents |