31 Balrudry Street, Avonhead, Christchurch

High yielding investment cashflow

This high yield property sits on the edge of Ferrier park and is an amazing cash flow ready investment for its next owner to enjoy.

The house itself holds four bedrooms. The lounge and kitchen combine to give the tenants ample space to cohabit without getting in each other's way. In the purpose-built sleepout, there are three bedrooms that all share the shower and separate toilet, the sleepout has full consent.

The property has a new year-long lease in place at $945 per week from November 2021 till November 2022, giving a 6% plus return. The house is fully insured and has been fully repaired post-quake and the home is also healthy homes compliant.

Summary

- Seven bedrooms
- Two bathrooms
- $945 per week til November 2022
- 809sqm of TC1 Suburban land
- Fully repaired and insured
- In the heart of Avonhead, near Avonhead Mall and Bush Inn

There is off-street parking for the tenants, however being on a quiet cul-de-sac, there are plenty of street parks.