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Christchurch City Median Price
Christchurch City Median Rent
Redwood rent price
Christchurch City schools
A5 Salford Avenue, Redwood
$359,000 listed in May 2014
Townhouse:
Building size: 130 sqm
Land size:  [Measure]
Agent: Holmwood Real Estate Ltd

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Property Description:
With a new addition expected in the family, it is time for our investors to keep their capital closer to home leaving you with the opportunity to secure this large (130sqm) two bedroom townhouse in a sought after location. Popular Redwood Primary School is at one end of the street and a park and Play Centre at the other. This has always been quick to rent and after viewing you will understand why. Currently returning $345pw on a fixed term, a 5% return with a rental assessment showing this could be increased to 5.4% in the new year.
This would suit an investor or maybe first home buyers locked into their own rental term who need some time before moving in.
This townhouse has a large double internal access garage and a very generous master bedroom and living area. The heatpump and eco-panel heaters quickly heat the entire home if the sun isn't already streaming through the west-facing sliding doors.
The kitchen has been updated, and EQC and insurance work is all complete. It would still respond well to an upgrade, especially the original Axminster carpet.
This has been a great investment for our owners however with the baby due in just a couple of months we've been left with very clear instructions. Sell it must!
Phone for an appointment to view.
Nearby Schools:
NameTypeDecileDistance
St Joseph's School (Papanui)Primary91.6 km
Belfast SchoolPrimary62.6 km
Papanui High SchoolSecondary62.1 km
Christchurch Adventist SchoolCombined62.7 km
St Andrew's College (Christchurch)Combined103.4 km
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The property data is from the public websites.

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