11A George Street, Riccarton, Christchurch

Entry-level investment offering solid yield

SOLD

Introducing a true cash cow opportunity that demands your attention. This property, a veritable goldmine, presents an extraordinary chance to generate substantial rental income effortlessly. With its six bedrooms and one bathroom, two toilet configuration, this gem is primed to become a lucrative source of revenue. Its low-maintenance design ensures that your investment yields maximum returns with minimal effort. Don't delay - seize this exceptional cash cow investment now and unlock the door to a future brimming with financial success.

Featuring:
-Six Bedrooms
-One Bathroom (two toilets)
-One Living
-Rental appraisals showing up to $1,020 per week potential
-225sqm of TC2 freehold land
- Double garaging, perfect for tenants' parking or storage needs.
- EQC repairs completed
- Close proximity to the University of Canterbury, Westfield Mall and local bars, restaurants and entertainment
- 154sqm (more or less)
Current leased at $870 per week, fixed term until the 16th December 2023
Vacant possession available

The vendor has decided to get out of the residential investment market, don't pass up this opportunity to own a slice of residential Riccarton where the future looks secure.

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https://www.propertyfiles.co.nz/5521759