SOLD

11A George Street, Riccarton

Entry level six bedroom investment

Price by negotiation

Introducing a true cash cow opportunity that demands your attention. This property, a veritable goldmine, presents an extraordinary chance to generate substantial rental income effortlessly. With its six bedrooms and one bathroom, two toilet configuration, this gem is primed to become a lucrative source of revenue. Its low-maintenance design ensures that your investment yields maximum returns with minimal effort. Don’t delay – seize this exceptional cash cow investment now and unlock the door to a future brimming with financial success.

Featuring

  • Six Bedrooms
  • One Bathroom (two toilets)
  • One Living
  • Rental appraisals showing up to $1,020 per week potential
  • 225m2 of TC2 freehold land
  • Double garaging, perfect for tenants parking or storage needs.
  •  EQC repairs completed
  • Close proximity to University of Canterbury, Westfield Mall and local bars, restaurants and entertainment
  •  154m2 (more or less)
  • Current leased at $870 per week, fixed term until the 16th December 2023
  • Vacant possession available

The vendor has decided to get out of the residential investment market, don’t pass up this opportunity to own a slice of residential Riccarton where the future looks secure.

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Our Award Winning Team

Angela Webb

Angela Webb

027 349 1997

angela.webb@bayleys.co.nz

Angela Webb heads up Bayleys Canterbury’s residential investment division and a team of five like-minded sales professionals. With an extensive career in this very specialised sector...

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Grace Bruere

Grace Bruere

022 065 1587

grace.bruere@bayleys.co.nz

As an integral member of Angela Webb’s team, changing people’s lives for the better underscores everything Grace does. She loves nothing more than seeing the joy on her clients’ faces...

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