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A modern townhouse that is finally affordable is now here for you. This home suits a busy executive family or an executive rental proposition, and also the further option as Airbnb. As an executive rental the property is appraised to be able to return a rental of $790 - $830 per week (Rental Appraisal from Rentworks). Given that you invest 20%,with the current bank interest around 4% the mortage interest will be only $28,000 per year and your gross rental income will be approximately $41,600 based on a figure of $800/week. Property in this location will only increase in time being located so close to shopping and other aminities including desirable high school zones.
Location guide: 0.35 km to Christchurch Boys High School
0.75 km to Christchurch Girls High School
0.50 km to Westfield Mall Shopping
1.00 km to Hagley Park
0.50 km to Riccarton House and Bush
1.70 km to University of Canterbury
1.80 km to Hagley Golf Course
2.20 km to Christchurch General Hospital
4.30 km to Christchurch Domestic & International Airport
This quality executive four bedroom two storey townhouse has recently undergone an extensive renovation, resulting in a top notch special home within easy walking distances to choice loactions.
Ideally positioned, this property enjoys maximum sun and being fully fenced it affords privacy and security. The building plan offers a great indoor outdoor flow with the open plan living and dining downstairs togther with the very modern spacious kitchen leading on to the courtyard and an easy maintenance lawn, ideal for outdoor entertaining. The Master bedroom with an ensuite and walk through robe is downstairs and has a set of bifold doors leading to a small private courtyard. There is another room suited as a study or a guest room and an extra toilet. There are two generous double bedrooms with their own ensuites and private wardrobes upstairs.
Change of circumstances warrants the current owner moving north quickly and they are happy to offer a quick settlement if needed.
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Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same