Sold
2/9 Maxwell Street,
Riccarton, Christchurch City
NZD 402,000
Property details
-
Agents
Ray White Metro: Metro Team Ltd Licensed (REAA 2008)
. Cnr Riccarton & Waimairi Roads, Upper Riccarton Christchurch City 8041
Chattels
- Stove
- Rangehood
- Extractor Fan
- Light Fittings
- Floor Covers
- Curtains
- Drapes
No-Brainer Investment with 5 year lease!
Superbly positioned for convenience and zoned for great schools, this robustly built two-bedroom unit ticks all the boxes as a hands-off, no-brainer investment! A 5-year lease to Kainga Ora until 31st December 2027 has been renewed, guaranteeing regular ongoing income with the lessee managing the property and internal maintenance required - as part of the lease agreement
Annual rent: $20,800 (12 monthly payments of $1733.33) with a 2% annual rent increase as part of the lease terms
Viewings are arranged by appointment only
Next viewing - 4.30pm Sun 30th April
Please contact me if you would like to view at this time or if you would like to arrange a different time.
propertyfiles.co.nz/property/MCN35734 - includes the lease agreement.
A further bonus of this property is that you will have access to tax benefits in regard to interest expenses. For clarity, check with your accountant for your eligibility.
Low maintenance, guaranteed return!
The Lessee (Kainga Ora) shall be responsible during the term, at its expense, to repair and maintain the interior of the premises and all fixtures, fittings, chattels (excluding Essential Services) and keep any exterior grounds, yards and surfaced areas comprised in or forming part of the premises in a tidy condition, and maintain any garden or lawn areas. The owner is only responsible for the exterior and structural nature of the property, common areas and fencing. Refer to the lease for further information
Unit features:
Open plan kitchen, living with consented conservatory accessed through sliding doors. (NB: Conservatory does not appear on the flat plan)
Two double bedrooms, with built-in wardrobes
Highwall heatpump in living room and wall-mounted heaters in bedrooms
Single garage and one off-street park are added bonuses
With Westfield mall across the road, quality schools, and services so handy and the simplicity of a managed rental investment that generates a healthy return is a no-brainer for the astute investor
Immediate action is advised!
Annual rent: $20,800 (12 monthly payments of $1733.33) with a 2% annual rent increase as part of the lease terms
Viewings are arranged by appointment only
Next viewing - 4.30pm Sun 30th April
Please contact me if you would like to view at this time or if you would like to arrange a different time.
propertyfiles.co.nz/property/MCN35734 - includes the lease agreement.
A further bonus of this property is that you will have access to tax benefits in regard to interest expenses. For clarity, check with your accountant for your eligibility.
Low maintenance, guaranteed return!
The Lessee (Kainga Ora) shall be responsible during the term, at its expense, to repair and maintain the interior of the premises and all fixtures, fittings, chattels (excluding Essential Services) and keep any exterior grounds, yards and surfaced areas comprised in or forming part of the premises in a tidy condition, and maintain any garden or lawn areas. The owner is only responsible for the exterior and structural nature of the property, common areas and fencing. Refer to the lease for further information
Unit features:
Open plan kitchen, living with consented conservatory accessed through sliding doors. (NB: Conservatory does not appear on the flat plan)
Two double bedrooms, with built-in wardrobes
Highwall heatpump in living room and wall-mounted heaters in bedrooms
Single garage and one off-street park are added bonuses
With Westfield mall across the road, quality schools, and services so handy and the simplicity of a managed rental investment that generates a healthy return is a no-brainer for the astute investor
Immediate action is advised!
Explore the area
School catchments
- Wharenui School Full primary Years 1-8 State 0.46km
- St Teresa's School (Riccarton) Full primary Years 1-8 State integrated 0.57km
- Christchurch Boys' High School Secondary Years 9-15 State 0.84km
- Kahikatea Kirkwood Intermediate Intermediate Years 7-8 State 1.0km
- Medbury Preparatory School Full primary Years 1-8 Private 1.4km
- Christchurch Girls' High School -Te Kura o Hine Waiora Secondary Years 9-15 State 1.4km
- Ilam School Primary Years 1-6 State 1.6km
- Tūora Fendalton School Primary Years 1-6 State 1.8km
- Middleton Grange School Composite Years 1-15 State integrated 1.8km
- Sacred Heart School (Christchurch) Full primary Years 1-8 State integrated 1.9km
- Te Puna Wai o Waipapa - Hagley College Secondary Years 9-15 State 2.1km
- Rangi Ruru Girls' School Secondary Years 7-15 Private 2.2km
- Christ's College Secondary Years 9-15 Private 2.4km
- Addington Te Kura Taumatua Primary Years 1-6 State 2.4km
- St Patrick's School (Bryndwr) Full primary Years 1-8 State integrated 2.4km
- St Margaret's College Composite Years 1-15 Private 2.4km
- Elmwood Normal School Primary Years 1-6 State 2.5km
- The Cathedral Grammar School Full primary Years 1-8 Private 2.5km
- Villa Maria College Secondary Years 7-15 State integrated 2.5km
- Tuia Burnside Primary School Primary Years 1-6 State 2.6km
- Riccarton High School Secondary Years 9-15 State 2.6km
- Selwyn House School Full primary Years 1-8 Private 2.7km
- Te Kura Tuarua o Horomaka Hillmorton High School Secondary Years 7-15 State 2.9km
- Ao Tawhiti Unlimited Discovery Composite Years 1-15 State 3.1km
- St Andrew's College (Christchurch) Composite Years 1-15 Private 3.2km
- Burnside High School Secondary Years 9-15 State 3.2km
- St Thomas of Canterbury College Secondary Years 7-15 State integrated 3.4km
- TKKM o Te Whanau Tahi Composite Years 1-15 State 3.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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