70A Buckleys Road, Linwood, Christchurch

7.5% plus net return

For Sale - Price by Negotiation

This property has a great return for a post-quake build in an area with so much growth potential. Modern finishing's with panel heaters and extractors in all ensuites and a rangehood in the kitchen to help comply with the healthy homes standards. The power costs are maintained with check meters on each bedroom to measure power usage and the power is charged back to tenants, the owner covers the power for communal areas which averages $50 per month.

With six bedrooms, six ensuites and two living spaces this home is well designed. All bedrooms come fully furnished and have built-in furniture, including wardrobe drawers, desk and a kitchenette with a small fridge and bench space for kettle and toaster, making the rooms semi self-contained.

The land is zoned residential medium-density and is 466sqm of TC2 land, with plenty of off-street parking in an area where this is a necessary luxury.

In Summary

- Six double bedrooms all with ensuites
- Eight-minute walk to Eastgate shopping centre
- Easy access to public transport
- Set back from the road for privacy
- Off-street parking galore
- Seven-minute drive to the City centre
- Power metres on each bedroom
- Post-quake build
- All bedrooms with ensuites
- Rental income of $1,280 per week plus power (tenants pay power cost for bedrooms)

Sitting on public transport routes and near the mall gives great rental appeal for tenants. With rents ranging from $210pw to $250pw plus power makes it for very affordable accommodation.

This post-quake build shows how easy room by room rental can generate higher returns for investors. Being built in 2014 this property has the advantages of modern living and warmth that other room by room properties just don't have in the area.

To download the information pack copy and paste the below link into a new browser:
https://propertyinvestmentchristchurch.co.nz/70a-buckleys-road-linwood