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2/340 Lincoln Road

Addington Canterbury

6
2
3
House
Currently for sale - view listing

Overview

Cashflow Is King - $ 1,030 per week rental income

Copy and paste this link into your browser to view the property files: https://www.propertyfiles.co.nz/property/2-340LincolnRoad Built from solid concrete tilt panel walls, this property offers an opportunity for multiple types of buyers. If you're an Investor you can continue with the current room-by-room rental configuration for income of $ 1,030 per week, or you can change to a single tenancy and look to earn $ 800 to $ 880 per week for income, with less outgoings and less management involvement. An alternative option is to be an owner-occupier and rent out the spare rooms to help pay for the mortgage and other outgoings. You could collect $ 680 per week to offset against these costs. With the 3 allocated carparks there'll be no concerns about parking either. No matter which you choose, financially they are all sound decisions. Consisting of 6 bedrooms, and 2 bathrooms, this purpose designed townhouse/apartment will provide great cashflow and return on your investment. Having undergone recent renovations, in particular the kitchen, you'll collect the rent without the worry of upgrades or maintenance that comes with older properties. The secure courtyard area gives you your own area to enjoy in peace and quiet. Located close to the Central City, Hagley Park, Addington Village and the arterial routes to get around Christchurch and beyond, this investment will be popular now and into the future. For viewings outside of scheduled open home times, please contact to make these arrangements. Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.

Features

6 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
House

Happy sellers in Addington

77%
77% of sellers in Addington reported that their sale price either exceeded or met their price expectations.

Addington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in Addington over the last 12 months.

Local market activity for 6 bedroom houses in Addington

In the last 12 months, 5 six-bedroom houses similar to 2/340 Lincoln Road, have been sold.

This represents a 400% decrease in six-bedroom houses sales when compared to the previous 12 months.

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