Christchurch City Median PriceChristchurch City Median Rent | Map | Street view | Nearby | Property Description: | Block of 4 x 2 bedroom + 2 x 1 bedroom units is situated in this handy location between the CBD and Eastgate Mall. • This 1970's built block of six good sized units (three up & three down) with good internal layout is situated in the ever popular rental area of Linwood. Ground floor block construction with a light weight timber frame second level, the building has recently been painted and is presented in a good tidy external condition. With an iron roof and mainly original joinery, a number of windows have been replaced with double glazed aluminum. • These well-proportioned good size units are all in reasonable to good rentable condition as is, but would respond so well to a cosmetic makeover. Don't miss out as there is great potential here to upgrade and refurbish to increase the return on this block! • 4 x 2 bedroom + 2 x 1 bedroom units with current rentals of $1,575 per week = $81,900 pa. • Low maintenance grounds. • 6 x carports. • Situated on a 699m2 rear section. • Eqc work completed and signed off*. • Present rents: Unit 1 - $280pw, Unit 2 - $270pw, Unit 3 (1 bedroom) - $240pw, Unit 4 - $265pw, Unit 5 - $270pw, Unit 6 (1 bedroom) - $250pw. To view please call Braziers on 3 777 122 |
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