Dual income + $27,729.53 payout!

410 Armagh Street, Christchurch, Canterbury
Cross Lease

Property Details

  • Type
    Cross Lease
  • Location
    Christchurch, Canterbury
  • Price
    Enquires Over $349,000
  • Rental Income
  • Lot Size
    1/2 Share of 1011
  • Property Size
  • Bedrooms
    2 + 1
  • Bathrooms
  • Carparking
    Off Street Parking

Dual income + $27,729.53 payout!

Due to a change in our vendors circumstance a price reduction reflects their motivation to see a SOLD sticker.

Genuine dual income properties are seldom found on the market, genuine dual income properties that are fully tenanted and have a cash back amount of $27,729.53 are unheard of! Once again, Property Ventures clients are gaining exclusive access before the general public and are getting the pick of the best deals on the market.

With the rebuild of Christchurch well and truly underway, we have experienced a huge resurgence of the population wanting to be close to the action of the four avenues and are expecting this number to increase exponentially over the coming years. With this property being strategically placed only 350m from the four avenues, the possibilities for future gains will be enticing.

Divided into a two bedroom flat and a one bedroom flat, each with their own bathroom, kitchen and power meter, this property represents great cash flow, minimised risk through dual income, superb location and exceptional long term tenants.

With a total weekly rent of $515 (Flat 1: $295p/w, Flat 2: $215p/w), long term tenants in place and an insurance payout of a substantial $27,729.53 this property will tick a lot of boxes for a smart portfolio addition.

With interest expected to be high at this reduced price, don’t delay and call today for more information.

Additional pictures are available upon request.


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