The Heathcote area boasts a strong community, a natural microclimate sheltered from the cool easterly and southerly winds, and is surrounded by the natural beauty of the Port Hills. This development is only 7.2km from CHCH CBD, Ferrymead and Eastgate shopping centres are both just down the road and the bus route 28 to Christchurch and Lyttelton runs within an easy 200m walk.
The Maltworks Terraces is located at 62 Port Hills Road, Heathcote Valley, and consists of 28 * 2 bed 2 bath Townhouses and 12 * 2 bed 1 bath Villas - local shops are to be constructed alongside the development. All Units are a freehold unit title which allows you to benefit from the growth in capital value of your investment and this experienced developer has offered the first units sold by Property Ventures at up to $56,000 below registered valuation plus a $5,000 turn-key pack.
When assessing rent we base this on the property being unfurnished and rented, We would consider the current market rent for either the townhouse or villa to be $440 - 460 per week.
Valued from $465,000 and selling from $432,900 there are deals to be done on the initial units sold as prices will be going up once the first 14 units have gone - follow the link below to check out the development or call Slade Hocking ASAP to ask for a PVRE deal!!
www.maltworksterraces.co.nz/#propertyventures
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