UPPER RICCARTON Christchurch City 8024

$955,000 + GST if any.
The dynamics of the property market has changed in Christchurch and on offer here is a brilliant Hot Spot for your next investment.
Located within the suburb of Upper Riccarton, the area is widely regarded a top investment locality due to high demand for accommodation close to the University of Canterbury, Riccarton commercial facilities, the inner city, local English language schools, shopping complexes and excellent choice of bus services.
The investment has a layout of 460m (approx.) plus garage and shed of 48.6m (approx.) on 1156m section and provides for excellent short and long term accommodation comprising of 13 bedrooms, seven bathrooms (three are ensuites) plus there is an independent upstairs apartment with a double bedroom, ensuite and lounge.
This is certainly a very high quality, well managed accommodation providing a reliable, secure income.
All rooms are rented on a room by room basis providing freedom and flexibility for the occupants.
Gross room fee which averages about $170 per week per room includes a power allowance, phone, broadband, furniture and linen package.
Shared kitchen, dining, lounge and laundry facilities and an outdoor area for those summer BBQ's.
This investment provides a very warm, comfortable and welcoming environment.
Interested? Call now!
Inspection definitely by appointment only.
This is a great opportunity for the astute investor to capitalise on the current rental situation in Christchurch.
The vendor is registered for GST.

By Negotiation + GST if any.