A rare opportunity exists here to acquire a block of 4x2 bedroom, fully tenanted investment flats located on the popular Geraldine Street. Positioned on 799sqm RMD and currently achieving $1120 p/w, current cashflow and future development opportunities will entice an array of astute purchasers.
Blocks of flats within walking distance to the CBD are becoming like hen’s teeth, this is due to the high popularity from prospective tenants and the future development opportunities.
Christchurch is experiencing exponential growth and popularity from locals and internationals. This huge influx of popularity is creating a serious demand for short and long term rentals. This equates to two very important details for the purchaser; excellent cash flow in the form of short, medium or long term tenancies and enticing future gains through purchasing strategically positioned future development sites.
Beat the influx of popularity and price increases by purchasing now and reaping the rewards of the current cash flow. Position yourself strategically as the city continues on this evolution of growth.
With opportunity to enhance and increase rental income, position your investments smarter and invest where the dollars make sense.
Deadline Sale (unless sold prior)
1pm, Monday 5 November 2018
Open Home Times:
Thursday 25th Oct: 1:15-1:45
Sunday 28th Oct: 11:45-12:15
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