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6/31 Poulson Street ADDINGTON, Christchurch City

Sold for $475,000 on 12 Nov 2014
  • 5 Beds
  • 5 Baths
  • 2 Cars
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6/31 Poulson Street, ADDINGTON, Christchurch City

Unit in ADDINGTON

Cash Cow Investment… Live In or Managed

  • 5 Beds
  • 5 Baths
  • 2 Cars
Listed By:
Ray White CashmereNext Step Realty Limited Licensed (REAA 2008)

Now if I was young, single and without kids.... I'd jump all over this because you have five (5) income streams from this or if you would consider living in one studio and renting the other four (4) you' d then be paying off your investment while having a roof over your head.

The figures are easy to work out so either read further or call me to find out how you can put this Cashflow into your pocket.

A new concept for many investors and landlords this unit boasts 5 self contained individually keyed bedrooms and is just what the astute investor is looking for with the current rental shortage in Christchurch.

Being a Low maintenance, Body Corp controlled complex means that you can let this investment tick along and put money in your pocket.

Set over three floors each independent double bedroom has its own ensuite (shower/toilet/sink), entertainment (TV), Desk, Tea/coffee/snack making facilities. With its shared kitchen & dining facilities any communal cleaning costs are kept to a minimum.

A short walk to the 'New' Lincoln road entertainment hub which offers cafes, restaurants and bars as well as easy access to the SBS Event Centre, Rugby park, South Hagley Park, Christchurch hospital and a 10 minute drive to Westfield Riccarton.

You can appreciate why with this location the current Property Manager gets multiple enquiries for any vacancies when they come up and often has a waiting list of tenants.

Call me for a copy of the unit title pre-disclosure docs, current rent return and relevant information because this could be better than leaving that money with the bank.

Please be aware that this information has been sourced from third parties including Property-Guru/ Christchurch City Council/ CERA and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only.

Features:
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Location For The Stadium
Property ID:

UCH20688

Bedrooms:

5

Bathrooms:

5

Listed By:
Ray White CashmereNext Step Realty Limited Licensed (REAA 2008)