HOON HAY Christchurch City 8025

A brilliant position here for your next investment with a rental income from each dwelling positioned on a total of 1075m2 of TC2 land.
The main house occupies the majority of the property with a layout of 240m2 fully furnished, 8 bedrooms, 3 bathrooms and spacious interconnecting living areas with indoor/outdoor flow achieving a rental income of $125 per week including outgoings per person.
The house has a furnished capacity to accommodate over 13 tenants with some bedrooms shared. Present tenants have been contracted as a group from the same country overseas to work on a project here in Christchurch.
Tenants are extremely well organised and have a fixed tenancy and maintain the property themselves.
A cottage of 56.1m is permitted as a second dwelling and is rented out at $205 per week independently from the main house on a periodic tenancy.
Great opportunity here for the astute investor to capitalise on the current rental situation here in Christchurch.
Inspection definitely by appointment only.
Interested? Call now!

Deadline Sale - All offers by 4pm on 18th December 2013 (unless sold prior).