1-7/613 Cashel Street

Linwood Canterbury

Block of units

Currently for sale - view listing

Overview

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