54 Silvester Street, Woolston, Christchurch City, Canterbury

Asking price $475,000

Viewings are welcome, please call for times.

Inside the townhouse, the open-plan living and kitchen area enhances the sense of space, while a heat pump ensures year-round comfort, with two bedrooms and a well-appointed bathroom. The north-facing sheltered garden offers complete privacy for tenants and requires minimal upkeep. Additionally, the property features a carpeted single garage with internal access, complemented by an off-street parking space.

•Government-guaranteed rental income of $500 per week

•Five-year lease commencing from 2nd July 2024 with CPI annual adjustment and $5,000 minor work threshold

•Over 60s tenants managed by Kainga Ora

•Eventual handback in originally leased condition

•Fully compliant and Healthy Homes certified

•Situated on TC2, RSDT zoned land

•Conveniently located near New World, Woolston Club, and local dining options

Kainga Ora (Housing New Zealand) has renewed the lease through to July 2029, providing a reliable income stream and peace of mind for investors. This property is particularly suited for those seeking a "set and forget" investment opportunity. Don't miss the chance to add this sturdy townhouse to your portfolio.

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