8 Westmont Street, Ilam, Christchurch

A proven investment

For Sale - Price by Negotiation

View - By appointment

With seven bedrooms in total and the rental income for next year set at $990 per week, this has to be a great opportunity for an investor. Situated on a large 809sqm section, zoned TC1 and close to the University, this property is a seven-bedroom student rental, with four double bedrooms in the house, a renovated kitchen, sun-soaked living space all heated by a heat pump plus an HRV ventilation system. In the large yard, there is a modern three bedroom sleepout which is double glazed and has its own bathroom, separate shower and toilet. Currently tenanted at $980 per week through to January 2020 with a new tenancy beginning early February on an increased rental of $990 per week, professionally managed by A1 property management who would be keen to continue.

Summary

- Seven bedrooms
- Four bedroom house
- Three bedroom sleepout with bathroom
- TC1 land
- Rental $980 per week till 30/1/2020
- Rental $990 per week till 31/2/2021

Take advantage of this already set up investment property superbly located for tenants and great cash flow.

We have five other student rental properties available, copy and paste the below link into a new browser to view our current listings. http://propertyinvestmentchristchurch.co.nz/residential

This property is on one standard tenancy agreement, it is NOT a room by room rental.

Please contact Angela Webb or Kate Mullins for more information or to arrange a viewing.

Find out more about us at www.propertyinvestmentchristchurch.co.nz.

To download the information pack copy and paste the below link into a new browser:
http://propertyinvestmentchristchurch.co.nz/5511229