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Listing Description
Listed: Sun, 3 Nov
Three 2 bedroom units starting from $480,000
66 Division Street, Riccarton, Christchurch City, Canterbury
Asking price $455,000
Details
Other Features
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $1,990,000 |
| Parking | Onsite plus garaging |
| Broadband in the area |
Description
Unit 1 $455,000 rent is $495/wk - SOLD Unit 2 $495,000 rent is $425/wk Unit 3 $480,000 rent is $380/wk Unit 4 $480,000 rent is $380/wk
The rents on units 2,3 and 4 are all well under market rates - so there is potential to lift the cap rate significantly once you own them.
All 3 are tenanted, some for many years. With a combined Rateable value of $1,990,000 - don't take too much time doing your due diligence; if an individual owner gets a great offer, your opportunity might be lost forever.
Viewing is strictly by appointment only and may be 'grouped' to avoid excess intrusion on the tenants, so contact Alan or Mike today to register a time to view.
Open home times
No times scheduled
Property Files
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First National Success 
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Agent's details
Alan Lethbridge
Mira Lethbridge
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First National Success
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