A great place to start investing

4/471 Cashel Street, Linwood

By Negotiation

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A great place to start investing | 4/471 Cashel Street, Linwood | 5513347 |      X Close

A great place to start investing

For Sale - Price by Negotiation

With 70sqm of floor area, solid 1970s build, aluminium joinery, private outdoor space and potential to upgrade and add value at an entry-level price, this unit has all the things you should look for when purchasing your first investment.

Currently, the house is tenanted at $315 per week to long term tenants. The townhouse has two good sized bedrooms upstairs with a bathroom and separate toilet, the living and kitchen area downstairs which leads to a large private courtyard.

The potential is in the opportunity to refurbish the townhouse with a new kitchen, bathroom and decor giving it a modern apartment feel, allowing you to reap the rewards of the potentially increased rental and equity.

Market rental for the area for two-bedroom flats ranges from $280 to $320 per week and apartments $310 to $350 per week (sourced from tenancy services website).

Sited on TC2, medium density land with a crossed leased title with a share in 947sqm of land. With a rateable valuation of $215,000.

We have two units available being unit 4 and 5, the vendor is happy to sell both together or independently and looks forward to seeing a new investor get started on the property ladder.

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

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

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4/471 Cashel Street, Linwood

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