Investment/First Home

This is a wonderful opportunity to purchase this property where the tenant has made it a real home.

- Three bedroom home in sunny position with fully fenced section
- Open plan kitchen/dining area with a heat pump well positioned for great sun
- Potential to add value by upgrading the kitchen and bathroom and redecorating
- Three good sized double bedrooms all with built in wardrobes
- A spacious double garage with a separate secure hobby or studio room at the rear
- A good sized garden shed with great lawn areas for family environment
- Wonderful tenant who has resided there for over ten years and would love to stay
- Current rental income $320 per week providing a 5.7% gross return

PLEASE NOTE: This property is located off a new road plan which is not on GoogleMaps. Turn onto Cass Street (travelling East from Williams Road), take the first Left onto Feldwick Drive, follow the road and turn Left onto Gray Crescent, take the second Left onto Kanuka Place.

Deadline Sale: Offers to be presented on Thursday 11th October 2018 at 4pm unless sold prior.

Source: Christchurch City Council, RPNZ, LINZ, landcheck.org.nz, Vendor, Vendor's Agents