7% return

2/65 Barbour Street, Waltham

Private Treaty

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7% return | 2/65 Barbour Street, Waltham | 5514119 |      X Close

7% return

Deadline Sale (unless sold prior)

1pm, Fri 29 Jan 2021

3 Deans Avenue, Christchurch

This seven-bedroom, seven-bathroom home, with good off-street parking, is sited on a freehold title and has produced a solid return for the vendor for the last 12 years since new.

Located close to the city within a popular location for tenants and with easy access to public transport, the orbiter and purple bus lines are both a minutes' walk away. The dwelling is sited on 329sqm of Residential Medium Density land.

In summary

- Seven double bedrooms all with ensuites

- A minutes' walk to main bus routes

- Close to the city centre

- Rented at $950 per week

- Two year lease

- One tenancy

With a 7% gross return and within an area with changes underway and situated so close to the ever-growing inner city it makes this a perfect opportunity for an investor to pick up now and enjoy the cash flow and potential capital growth over the coming years.

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2/65 Barbour Street, Waltham

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