For investors seeking an affordable addition to their portfolio, this sunny, low-maintenance apartment presents an appealing opportunity to secure an established rental in a convenient city-fringe location.
Currently tenanted at $380 per week, the property provides rental income from day one. The apartment offers contemporary, easy-care living with an open-plan kitchen and living area flowing to a private deck. The generous bedroom and bathroom provide practical accommodation, while secure off-street park adds further appeal for tenants.
Positioned on the edge of Christchurch's central city, the location offers convenient access to local cafés, shops, public transport and the
amenities of the eastern suburbs. Its proximity to the city makes it an attractive option for tenants seeking a well-connected place to call home. This apartment is walking distance to the One New Zealand Stadium. With a tenant already in place, this is an opportunity to purchase an established investment without the immediate need to secure a new tenancy.
Whether you are entering the investment market or adding to an existing portfolio, this is an opportunity worth exploring. The out-of-town owner is serious about selling and invites your enquiry.
Features
1 bedroom
1 bathroom
directions_car1 carspace
directions_car1 garage space
cottageApartment
Happy sellers in Phillipstown
84%
sentiment_satisfied
84% of sellers in Phillipstown reported that their sale price either exceeded or met their price expectations.
Phillipstown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 27 reviews in Phillipstown over the last 12 months.
Local market activity for 1 bedroom apartments in Phillipstown
Sold
For Sale
For Rent
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