Centrally located investment


2/503 Madras Street, St Albans

By Negotiation

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Centrally located investment | 2/503 Madras Street, St Albans | 5514790 |      X Close
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Centrally located investment


For Sale - Price by Negotiation

This single-storey two-bedroom townhouse sits within a block of three and is located between the thriving inner city and Edgeware Village, in the heart of St Albans. The entranceway takes you straight into the open plan living room with a practical kitchen. The living room has a north-facing ranch slider that leads to a private and fully fenced courtyard, the double garage can also be accessed from this courtyard.

Currently fully tenanted at $345 per week and the townhouse is fully insured, market rent for two-bedroom townhouses in this area ranges from $324 to $370 per week with a median rent of $350 per week as per the tenancy services website.

- Two bedrooms

- Open plan living

- Double garaging

- Rented $345 per week

- Fully repaired and insured

- Minutes from the CBD, Edgeware Village and St Albans park

- 90sqm

With the fully fenced rear section and double garaging, tenants enjoy the privacy this townhouse brings. The property currently has an externally vented extractor fan in the kitchen and bathroom and is heated via a heat pump in the living room. After 15 years of ownership, the vendors are ready to move this property on and are keen to see it sold. This is a modern, low maintenance and conveniently located two-bedroom townhouse in the ever-popular St Albans suburb.

To download the information pack copy and paste the below link into a new browser:

https://propertyinvestmentchristchurch.co.nz/2-503-madras-street

2/503 Madras Street, St Albans

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