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1-7/613 Cashel Street, Linwood, Canterbury, 14 Bedrooms, 7 Bathrooms, House

$2,195,000

1-7/613 Cashel Street, Linwood, Canterbury

14
7
HouseListed on Thu Dec 21

Linwood 14 Bedroom Cash Cow, Selling Now!!

This is an absolute rental powerhouse. Better than money in the bank.

This block has just undergone a major refit and refurbishment and presents in tip top condition. Located behind a secure auto gate with off-street parking for 6 vehicles.

On offer are 4 x 2 bedroom units, 2 x 1 bedroom units, 1x studio and the option of an additional 1 bedroom bedsit. Current rental income of $2760 per week with the option of an additional $240pw from the bedsit. A total rental income of $143,520PA with the option for an additional $12,480PA.

Located all on one title 893sqm, these units present in fantastic condition. Fixed term tenancies running through to April and May 2024.

Located in close proximity to the CBD and Eastgate Mall. Sit back and watch this rental block yield a healthy return.

Enquire for viewing options.

My Vendors are resolute they are cashing up and demand a sale.

Must be sold, call today!

To view the information in relation to this property, please copy and paste the link below into your web address bar: https://www.propertyfiles.co.nz/property/IM24294

Location

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Linwood Avenue School
0.56 km
Primary
1-6
Government
Co-Educational
EQI: 511
2
Te Aratai College
0.65 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Marian College
1.98 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Hillview Christian School
2.89 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Te Puna Wai o Waipapa - Hagley College
3.75 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
5.96 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
7.47 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

For developers

Unitary plan:-
Land:-
Title:-
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Ref:IM24294Last update:2024-07-02 17:55:42