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1-7/613 Cashel Street, Linwood, Christchurch City

Cash Cow, Selling Now!!

dollar

Asking Price $2,195,000

Multiple properties
Multiple properties
Bedroom
14
Bathroom
7
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Property details

Listing # IM24294 | Listed on 21 December 2023

This is an absolute rental powerhouse. Better than money in the bank.

This block has just undergone a major refit and refurbishment and presents in tip top condition. Located behind a secure auto gate with off-street parking for 6 vehicles.

On offer are 4 x 2 bedroom units, 2 x 1 bedroom units, 1x studio and the option of an additional 1 bedroom bedsit. Current rental income of $2760 per week with the option of an additional $240pw from the bedsit. A total rental income of $143,520PA with the option for an additional $12,480PA.

Located all on one title 893sqm, these units present in fantastic condition. Fixed term tenancies running through to April and May 2024.

Located in close proximity to the CBD and Eastgate Mall. Sit back and watch this rental block yield a healthy return.

Enquire for viewing options.

My Vendors are resolute they are cashing up and demand a sale.

Must be sold, call today!

To view the information in relation to this property, please copy and paste the link below into your web address bar: https://www.propertyfiles.co.nz/property/IM24294

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Additional features

Water closet
7 Separate toilets
Other Features: Bathroom Heater, Heated Towel Rail and Extractor Fan,

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