Christchurch City Median PriceChristchurch City Median Rent | Map | Street view | Nearby | Property Description: | Now if I was young, single and without kids.... I'd jump all over this because you have five (5) income streams from this or if you would consider living in one studio and renting the other four (4) you' d then be paying off your investment while having a roof over your head. The figures are easy to work out so either read further or call me to find out how you can put this Cashflow into your pocket. A new concept for many investors and landlords this unit boasts 5 self contained individually keyed bedrooms and is just what the astute investor is looking for with the current rental shortage in Christchurch. Being a Low maintenance, Body Corp controlled complex means that you can let this investment tick along and put money in your pocket. Set over three floors each independent double bedroom has its own ensuite (shower/toilet/sink), entertainment (TV), Desk, Tea/coffee/snack making facilities. With its shared kitchen and dining facilities any communal cleaning costs are kept to a minimum. A short walk to the 'New' Lincoln road entertainment hub which offers cafes, restaurants and bars as well as easy access to the SBS Event Centre, Rugby park, South Hagley Park, Christchurch hospital and a 10 minute drive to Westfield Riccarton. You can appreciate why with this location the current Property Manager gets multiple enquiries for any vacancies when they come up and often has a waiting list of tenants. Call me for a copy of the unit title pre-disclosure docs, current rent return and relevant information because this could be better than leaving that money with the bank. |
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