9 Gladson Avenue,
For Sale – Price by Negotiation
View – By Appointment
The vendors have other business opportunities and are keen to move this one on, with tenants paying $780 per week and mortgage rates sitting so low why wouldn’t you purchase and enjoy the 7% plus gross return?
This tidy six-bedroom student rental property has tenants in place till February 2021, tidy property with tidy updated kitchen and bathroom. In the house are three double bedrooms and a tidy bathroom which has a shower, bath and vanity with separate toilet plus a separate laundry room. The further three double bedrooms are located in a modern substantial sleepout which is fully consented and also contains a separate shower and toilet. All this is set on 658sqm of TC1 land, alongside the oversized double garage. Rented until February 2021 at $780 per week, all professionally managed by A1 property management who would be keen to continue.
- Six double bedrooms
- Two bathrooms
- 658sqm TC1 land
- Modern sleepout
- Rented until February 2021 at $780 per week
The vendors have done a great job of turning this property into a cash flow machine, well worth a look for any investor wanting to get into the student market.
We have more student rental properties available, copy and paste the below link into a new browser to view our current listings. http://propertyinvestmentchristchurch.co.nz/residential
This property is on one standard tenancy agreement, it is NOT a room by room rental.