4A Grove Road Addington, Christchurch City

SOLD. We have purchasers looking for investments such as this contact me anytime if you are looking to sell............. 6 x 2 bedroom flats on one title. This is such a great opportunity! The units are approx 58m2 each, constructed of concrete block on 817m2 (more or less) of land in an incredibly dynamic location!

Excellent Rental Return- Great cash flow with capital growth.
The six apartments are two bedrooms, one bathroom each and have been rented long term and could use some updating/ maintenance.

All the units comply with the Residential Tenancy Act for insulation requirements.
Here is a great opportunity to add value to these investment properties. The perfect acquisition for a for investment for the future.

The property offers its occupants an easy environment in which to live and an easy commute to all local and public amenities.

Close to the hospital and Hagley park. The property is situated on a back section in a quiet tree lined street close to the city.

All units are on periodic tenancy and demand is high from prospective tenants where a vacancy arises, which is demonstrated by the property's high occupancy rate.
Long-term tenancies are the norm, thus creating a hassle-free appealing investment for your portfolio.

Deadline Sale closes 4pm Tuesday 7 July 2020 (Not Selling Prior)

For further information on this property please copy & paste this link:
www.propertyfiles.co.nz/Grove4A

Source: Owner, Vendor's Lawyer, City Council, Canterbury Maps, Environment Canterbury, EQC, Property Guru, RPNZ, ARCGIS, REINZ PropertySmarts & other sources.
Next Step Realty Limited is merely passing over the information as supplied to us. We cannot guarantee its accuracy & reliability. All intending purchasers are advised to conduct their own due diligence investigation into the same.