26 Berwick Street, St Albans, Christchurch

Smart investment or stepping stone

Here is the opportunity to own a modern, standalone home in a convenient and popular St Albans location only minutes to the central city on a freehold 345sqm section.

This sunny, three bedroom 122sqm townhouse with a CV of $380,000 is privately tucked away from the busy road in a cluster of other similar properties. It offers good indoor-outdoor flow from the kitchen dining area out to the sheltered patio and leafy garden.

All three bedrooms are doubles and have built in storage. There is a separate toilet and the family bathroom features a shower and a bath. The laundry is handily located in the entrance to the double internal access garage.

Currently rented to long term tenants of four years at $470 per week on a periodic tenancy. These tenants are keen to stay on and are professionally managed so it would be an easy transition for an investor to buy and hold, with potential to purchase at approximately a 6.5% plus return.

The low maintenance construction featuring brick cladding and aluminium joinery enables you to make the most of the properties central location or just relax in your secluded easy-care garden.

Perfect for first home buyers, investors or busy professionals.

The house is fully insured with Tower, and the EQC damage was cash settled to the vendor who will transfer upon settlement the unspent amount of $11,701.50.

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

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