A tidy investment property with future underlying land development opportunities. Two homes/units, on one title, with garages in between, one 3 bedroom and one 2 bedroom. Currently returning $780 total per week.

Sited on 896 sqm of RSDT land gives this offering a real boost and will fit into anyone's portfolio. As you drive around the locality we see multiple new homes, some with no garaging, some with no carparks, which gives these rental homes the edge over their competitors. An upgrade to these and your returns will be impressive. Due to the excess land available potential really does exist to increase the yield on the site with the addition of extra homes. The Zone RSDT allow for more intensification. Come and view. Then, make up your own opinion, I'm sure it will be positive.

The current tenants are both very keen to stay on, so an easy transition awaits you.

Call me to make a time to view it at your convenience - Dougal 0275343869

To download property files, copy and paste the following link into your browser:
https://www.propertyfiles.co.nz/property/883430003

Please be aware that this information may have been sourced from RPNZ/Property Smarts/Land Information New Zealand/Christchurch City Council/CERA and we have not been able to verify the accuracy of the same.