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402/268 Tuam Street

Christchurch Central Canterbury

1
1
28 m²
Apartment
Currently for sale - view listing

Overview

Low Maintenance - Investment Opportunity!

Please download the property files here: https://filefling.co.nz/property/402-268tuams0 This is a spectacular opportunity for you to get a hassle-free, long-term commercial income in this contemporary style and successful development leased to the Ramada Hotel in the inner city! Architecturally designed, this fully managed boutique apartment is fitted with contemporary furnishings and quality appliances along with self-catering services! Apartment 402 Ramada Hotel Offers: - Spacious and fully furnished 28m2 studio (approximately) - Term: 24 Years left based on 9 + 5 + 5 + 5 - Reviews: 2% compounding rent increase per year - Gross income $17,768.88 per annum inclusive of GST Located in the heart of the inner city, this appeals to professionals traveling for business and tourists with an array of cafes, restaurants, shopping, and the CBD all on your doorstep. If you are a savvy investor wanting a low-maintenance rental then this will be for you! Call Cara Kim today on 027 333 1135 to secure this prime inner-city investment rental!

Features

1 bedroom
1 bathroom
28 m² floor area
Apartment

Happy sellers in Christchurch Central

68%
68% of sellers in Christchurch Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 85 reviews in Christchurch Central over the last 12 months.

Local market activity for 1 bedroom apartments in Christchurch Central

In the last 12 months, 16 one-bedroom apartments similar to 402/268 Tuam Street, have been sold.

This represents a 43% increase in one-bedroom apartments sales when compared to the previous 12 months.

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