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13/17 Warwick Street,
Richmond, Christchurch City

2 bedrooms
2 bathrooms
Townhouse

Price withheld


Property details

Cash Cow Alert! 6.5% Yield + Dual key

I'm excited to showcase an exceptional investment opportunity. This dual key property, built in 2019, offers a remarkable return of $690 per week, boasting an impressive 6.5% yield. Both the apartment (Unit A) and the studio (Unit B) are rented separately on fixed-term tenancies.

Current rental appraisal $770 PW

Conveniently located less than 10 mins from the CBD, this property is primed for maximum rental potential. Featuring a one-bedroom apartment and a separate studio, both rented separately, it's designed to optimise returns.

The one-bedroom apartment boasts a modern and spacious layout, featuring an open-plan living area, a well-appointed kitchen with top-of-the-line appliances, and a serene bedroom retreat complemented by ample storage solutions. The contemporary bathroom adds a touch of luxury, showcasing high-quality fixtures and finishes.

Adjacent to the apartment lies a separate studio unit, offering versatile living arrangements for a single occupant or professional. Boasting a compact yet functional kitchenette, a cozy living area, and a stylish bathroom, this studio exudes comfort and practicality.

The dual key configuration on one title is a smart design choice, ensuring the best possible return on your investment. Proximity to the CBD makes it highly attractive to potential tenants.

So, why wait? This property offers not only a strong rental income but also the potential for future capital growth. Contact us today to schedule a viewing and make this property part of your investment portfolio.

To download the information for this property, please copy this link into your web browser: https://www.propertyfiles.co.nz/warwickstreet

Source: Please be aware that this information may have been sourced from third parties & we have not been able to independently verify the accuracy of the same. Land & Floor area measurements are approximate & boundary lines are indicative only. We highly recommend you to complete your own research & seek independent legal and/or technical advice.

Explore the area


School catchments

  • Henley School (Nelson) Primary Years 1-6 State 0.86km
  • Waimea Intermediate Intermediate Years 7-8 State 1.1km
  • St Paul's School (Richmond) Full primary Years 1-8 State integrated 1.2km
  • TKKM o Tuia te Matangi Composite Years 1-15 State 1.7km
  • Richmond School (Nelson) Primary Years 1-6 State 1.7km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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