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Rangiora

3 Ayers Street, Rangiora, Waimakariri

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629sqm Land area SQM
6 Bedrooms
4 Lounges
4 Bathrooms
4 Offstreet

Excellent Investment Rangiora, Rare Block of 4


Outstanding block of four units in the fast growing township of Rangiora. The units are situated one block from the Rangiora main street and less than 40 minutes from Cathedral Square, Christchurch.

With only a handful of purpose built investment properties in the area and a growing population these well rented flats are regularly sought after by tenants and have an excellent long consistent history of low vacancy and long tenancies.

With investor friendly rules reset to common sense, a property market in the doldrums, a shortage of second hand rentals and interest rates predicted to drop, experienced investors will find it hard to imagine a better time to buy. This is a well maintained block, spread your risk with multiple tenancies, sit back and let time and increasing rents do its thing or enhance value by further decoration of an already tidy interior and speed up the process. The choice is yours, secure your future now.

Each unit is tidy with it's own courtyard area or private outside space and covered carport.

All units have their own heat pump and dishwasher.

Situated in a tree lined street within walking distance to the centre of the Rangiora Commercial shopping precinct. This almost uniquely configured block of flats will continue to be an excellent investment for someone long into the future.

The block is rented at $78,260 per annum and consists of two one-bedroom and two two-bedroom units.

Now is the time to act and add to or start your portfolio.

Call Bruce to discuss on 0272026119

More info: https://www.propertyfiles.co.nz/property/5524361

Auction
(unless sold prior)

3 Deans Avenue, Chch

11
Jul

Time12pm
Calander
Calendar
Bruce Pyott

Bruce Pyott

Residential Sales

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

Features

Investment


Excellent block of four flats

Parking


Covered carports for each flat

Potential


To add value with further upgrades of interior

Dwelling details


Well located close to Rangiora town centre and 40 min from central Christchurch Current Income $78,260 per annum, block of four, 2x1bed, 2x2bed, consistent occupancy, low vacancy, ability to enhance.