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1/407 Estuary Road

South New Brighton Canterbury

2
1
1
80 m²
Unit
Currently for sale - view listing

Overview

Secure Investment with Estuary Views!

Property files are available here: https://filefling.co.nz/property/1-407estuaryroad0 Positioned to enjoy fantastic estuary views, this two-bedroom home presents an appealing opportunity for investors seeking an established rental with immediate income. A fixed-term tenant is already in place until July 2027, currently paying $470 per week, providing the security of a long-term tenancy from day one. Inside, the home offers two generous double bedrooms with built-in wardrobes, a spacious living area and a sunny conservatory, while the practical kitchen and tidy bathroom provide comfortable everyday living. The easy-care section and single garage further add to the appeal, with a well-maintained property that also offers scope to add value over time. 1/407 Estuary Road Offers: - Fixed-term tenant in place until July 2027 - Currently returning $470 per week - 2 double bedrooms with built-in storage - Spacious living area - Sunny conservatory - Well-appointed kitchen - Fantastic estuary views - Tidy bathroom - Single garage - Easy-care garden - In zone for South New Brighton Primary, Shirley Boys' & Avonside Girls' High Schools Set in a popular coastal location, the property is just moments from the estuary walkways and beach, with New Brighton Village and its range of amenities only a short drive away. With a secure tenant already in place, attractive rental income and a desirable location, this is an opportunity investors will want to explore. Contact Team Holly Jones today for more information. ** Photos taken during prior tenancy This information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, LINZ, Local Councils, ECAN, CERA and other organisations. Results Reality Limited Licensed (REAA 2008) is passing over this information. We cannot guarantee its accuracy or reliability and recommend purchasers undertake their own due diligence.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
80 m² floor area
Unit

Property history for 1/407 Estuary Road

2021
Sold
$450,000
23 Mar 2021 by Holly Jones, of Ray White New Brighton (Results Realty Ltd)

Happy sellers in South New Brighton

89%
89% of sellers in South New Brighton reported that their sale price either exceeded or met their price expectations.

South New Brighton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in South New Brighton over the last 12 months.

Local market activity for 2 bedroom units in South New Brighton

In the last 12 months, 3 two-bedroom units similar to 1/407 Estuary Road, have been sold.

This represents a 40% increase in two-bedroom units sales when compared to the previous 12 months.

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