1 house converted into two flats - options galore!
With a rental appraisal of both flats totalling $710-$780 p/w, this is an extraordinary opportunity to secure a fantastic income stream.
Or, if you are starting out, you could live in one flat while renting out the other. How would around $400 per week help pay your mortgage?
As a seasoned investor, you will certainly see the potential value here, with the location suggesting a high yield return in a favoured part of Christchurch.
While there's no doubt the property offers exceptional returns, it could also be converted back to a family home (perhaps 3 double bedrooms, 2 bathrooms?) - or could it work well for an extended family who want separate spaces but close proximity to provide care for loved ones.
But wait! There's more! Perhaps live in the back and run a business from the front? (Council consents may be required).
Great schooling options (including Cashmere High, Beckenham Primary, Rudolf Steiner, Hillview Primary and Secondary) are a huge bonus, and
