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https://www.agentsend.com/37YALDHURSTROAD
With a declared reserve of just $499,000, this is an exciting opportunity for investors and savvy buyers looking to secure a property with multiple income streams and plenty of scope to add value!
Featuring three bedrooms, a separate living area and a well equipped bathroom, this property offers a solid foundation for those looking to enhance, improve or maximise its rental potential, or even as your first home. Outside, a spacious yard provides room to enjoy, while a standalone single garage adds valuable storage and practicality.
What really sets this property apart is its high-exposure location and existing advertising signage income. With signage rights already generating $120 + GST per week for the two signs, this provides an additional income stream of $6,240 + GST per annum. Previously rented at $550 per week, the property has the potential to generate a combined income of $670 per week, or $34,840 per annum, including the signage income, subject to tenancy and signage agreements.
Conveniently positioned close to Canterbury University, local amenities and public transport routes, with Christchurch city centre just a short commute away, the location offers plenty of appeal for tenants and investors alike.
Whether you're looking to add value through renovation, secure a rental investment with additional income potential, or explore the opportunities presented by this high-profile position, this property deserves your attention.
With a declared reserve of $499,000, don't miss your chance to unlock the potential at 37 Yaldhurst Road.
All agencies welcome!
