Surplus to requirements for the Kaikoura-based owner, 77A, B & C Grafton Street represents an extremely smart purchasing option for any astute investor looking for a solid rental return. Sitting on a half share of 1,497sqm of land and encompassing two, two bedroom units and one, three bedroom unit, these would make a great addition to any portfolio or the start of a successful career in property investing.

Having undertaken significant modern renovations since purchased, the homes are all light-filled and in excellent condition. All three units feature an excellent open plan living which open out to a lovely private and sunny courtyard whilst new kitchens have been installed which all feature excellent appliances.

All units feature generous sized bedrooms with built-in wardrobes, a separate toilet from the bathroom and a double internal garage complemented by off-street parking.

Having been consistently occupied since the owner purchased, these units make excellent holding income with $61,360 per annum:

•Unit A is rented at $390 per week fixed term expiring in June 2021

•Unit B is rented at $390 per week fixed term expiring in June 2021

•Unit C is rented at $400 per week fixed term expiring in November 2020

All earthquake damage has been remediated with full insurance in place.

This is a fantastic location minutes from the Christchurch CBD and on the border of other up and coming suburbs in Christchurch. All units are to be sold as one block.

Contact Liam, Kieren or Shaun today to enquire. To download the information pack for this property, please copy the below link into your web browser: http://www.propertyfiles.co.nz/property/5512740