Why wouldn't you invest?


169A Aldwins Road, Phillipstown

Asking Price NZD $625,000

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Why wouldn't you invest? | 169A Aldwins Road, Phillipstown | 558840 |      X Close
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Why wouldn't you invest?


For Sale - $625,000

- Post-quake build

- Leased to housing provider (Not HNZ)

- Tenants are not your responsibility

- Rental income 52 weeks of the year

- Tenant damage fixed by house provider

- Insurance costs paid for by housing provider

- Income $46,592 per annum ($896 per week)

- Rights of renewal 1 + 1

- Leased till May 2020 (onto its second term)

- Six bedrooms, six ensuites, six walk-in robes, two hot water cylinders

Built in 2015 this home has six double bedrooms, all with ensuites and walk-in wardrobes, the living space is open plan and leads out to a sunny deck and landscaped courtyard area. The house has been designed for family living, worker accommodation or room by room rental with direct access to the exterior from each bedroom giving dual access for tenants which is highly sought after in shared living homes.

Along with the lease in place and no indications that this is going to change, the security of a well-funded tenant plus professional property management taking care of inspections and ensuring the house is kept to a suitable standard, this really is a passive way to have your money work for you.

With a solid tenant in place plus built-in rights of renewals, multiple options for long term income, a modern build, built to current building codes and returning the equivalent of 7.6% return, why wouldn't you secure this investment?

Please contact Angela Webb or Kate Mullins for more information or to arrange a viewing.

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

To download the information pack copy and paste the below link into a new browser: http://propertyinvestmentchristchurch.co.nz/558840

169A Aldwins Road, Phillipstown

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