29A Cutts Road, Christchurch, Canterbury

2 bedroom with single garage.

Crosslease - 1/2 share in 566m2. Front unit of two.

Has been an investment property for the last four years that we’ve owned it. Prior to our ownership, the property has been owner occupied since built in the late 70’s.

Our long term tenants were paying $420pw before we gave notice it was being put up for sale. Median rent in this area for 2-bed properties $523pw. Rental appraisal $475-$495pw.

Ground vapour barrier and new ceiling and floor insulation installed in January 2022. New boundary fence with neighbouring property installed October 2022. New guttering installed October 2024.

Has mortgage and insurance. EQC deed of assignment for small cosmetic claim available. - To book a viewing, contact the owner directly, or find out more... please visit the listing here: https://listed.co.nz/property/4085