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Northwood

55 Northwood Villas, Northwood, Christchurch

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Asking Price NZ$580,000 + GST

 (if any)

Villa plus management contract - UNDER OFFER


Price is PLUS the management contract value.

In the ever-popular Northwood is a charming home plus income opportunity for those not quite ready to retire.

The freehold villa is north facing, tidy and very easy care. The villa comes with the management contract to manage the secure and immaculate over 50s village which is a very popular place to live. Choose your profit level by doing the work yourself or sub contracting out - the job can be flexible to suit - and the income is CPI adjusted upwards annually.

Villa number 55 has two bedrooms complemented by two bathrooms (including an en-suite off the master) and a well-appointed modern kitchen. The open-plan living and dining areas offer plenty of versatility; a heatpump guarantees year-round contentment, and excellent indoor/outdoor flow promotes easy access outside.

Sliding doors open to a generous fenced patio area, ideal for outdoor entertaining and relaxing. There are raised garden beds plus a garden shed provided to keep everything tidy. Double, internal access garaging is a bonus, while the security afforded by the gated community setting provides peace of mind.

This is a fantastic place to live and semi-retire with income and profit.

Kate Mullins

Kate Mullins


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

A buyer


will need to be approved by the Board of Northwood Villas

Location


Within the gated Northwood Villas

Residence age


Built in the early 2000's

Tenure


Land, residence and management contract