Cash is King! $66,560 PA Gross.
An opportunity to secure a well proven and established rental investment and reap the rewards! Fully furnished with 6 bedrooms and 6 en-suites rented on a room by room basis currently bringing in $1280 per week gross.
The tenants enjoy a sunny fully furnished common living area, a spacious kitchen, dining and laundry.
Each of the 6 bedrooms are private and secure and features:
- Ensuited bathroom with toilet, shower and vanity
- Full bedroom furniture
This represents the possibility of a scintillating return on your investment. In future you may choose to make this standard 12 month tenancy and rent to the student market with its close location to the Canterbury University and Westfield Mall being a draw-card. It is estimated a rental of $900pw could be achieved on this basis
Sick of a poor return in the bank here is your opportunity. The current property manager is keen to stay on meaning this can be a hands-off investment.
Opportunities like this are rarely available so contact me today to avoid disappointment.
To view the information pack in relation to this property, please copy and paste the link below into your web address bar: https://www.propertyfiles.co.nz/property/IM555601
Deadline Sale all offers presented on or before Wednesday 25th August, 5:00pm at Harcourts Holmwood, 397 - 399 Ilam Road, Ilam (unless sold prior).