Available PropertyFiles:

  • B- 613 Cashel Street - Title.pdf
  • C- 613 Cashel Street - Street numbering.pdf
  • D- 613 Cashel Street - Code compliance.pdf
  • E- 613 Cashel Street - Building consent - Approved.pdf
  • F- 613 Cashel Street - Resource consent.pdf
  • G- 613 Cashel Street - Subdivision plan.pdf
  • Z- Buying or selling your property - REA Guide.pdf
  • Z- Holmwood Legal information - Non auction.pdf

Property Description

his is an absolute rental powerhouse. Better than money in the bank.

This block has just undergone a major refit and refurbishment and presents in tip top condition. Located behind a secure auto gate with of street parking for 6 vehicles.

On offer are 4 x 2 bedroom units, 2 x 1 bedroom units, 1x Studio and the option of an additional 1 bedroom bedsit. Current rental income of $2760 per week with the option of an additional $240pw from the bedsit. A total rental income of $143,520PA with the option for an additional $12,480PA.

Located all on 1 title 893sqm, these units present in fantastic condition. Fixed term tenancies running through to April and May 2024.

Located in close proximity to the CBD and Eastgate mall. Sit back and watch this rental block yield a healthy return.
Enquire for viewing options.

My vendors are resolute they are cashing up demand a sale on or before deadline day. All offers presented Tuesday the 26th January 2024 at 5pm (Unless sold prior).

Must be sold, call today!

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Richard Dawson

Harcourts Holmwood - Ilam 2

397-399 Ilam Road, Ilam, Christchurch

03 351 3002   +64 21 387 105   Richard.Dawson@harcourts.co.nz   All Listings