Listing Description
Investment with Immediate Returns
48 Heywood Terrace, Richmond, Christchurch City, Canterbury
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Agency reference | GMR12034 |
| Broadband in the area |
Description
Price Now Reduced Presenting a unique investment opportunity offering multiple income streams in a sought-after location. Situated on 524sqm (more or less) of MRZ-zoned land, this property delivers immediate rental returns alongside future land-banking or development potential.
The 220sqm (more or less) dwelling has been configured into three self-contained flats, providing flexibility and maximising yield.
- Flat 1 features one bedroom, an open-plan kitchen and living area, and a bathroom.
- Flat 2 offers a generous bedroom, separate kitchen and living areas, and a bathroom.
- Flat 3, located upstairs, includes a large sunny bedroom, a separate lounge, kitchen, and bathroom.
Currently returning $1,130 per week, $58,760 per annum.
An ideal proposition for investors seeking strong returns now with the added benefit of long-term upside. Be Quick Phone NOW for details...
Source: As per Property Guru - floor area 220m2, Vendor, CCC.
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Local Schools
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Neil McLaughlin
Agent's details
Neil McLaughlin
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Glass Miles Ltd, (Licensed: REAA 2008)
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