Listing Description
Cashflow Ready Investment
48 Heywood Terrace, Richmond, Christchurch City, Canterbury
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Property ID# | JSP071 |
| Agency reference | GMR12034 |
| Broadband in the area |
Description
7.35% Return on Asking Price A standout investment opportunity delivering multiple income streams in a highly desirable location. Set on 524sqm (more or less) of MRZ-zoned land, this property offers immediate rental income with the added advantage of 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... Price Recently Reduced
Source: As per Property Guru - floor area 220m2, Vendor, CCC.
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Property Files
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Local Schools
IN ZONE 57 Averill Street
1.3 km
Contributing (Primary), State, 398 enrolled
IN ZONE 60 Shirley Road
1.9 km
Intermediate (Intermediate), State, 198 enrolled
IN ZONE 510 Hagley Avenue
2.9 km
Secondary (Year 9-13) (Secondary), State, 2120 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.
Neil McLaughlin
Agent's details
