Listing Number:  1349
Posting Date:  24 January 2009

Listing:NET YIELD OF 8.98%
Type:Home and Income
Category:Private Sale
Region:West Coast
Site Area:182 m2
Address: Login
Building Area:428 m2
Property Image


With Interest Rates falling - How does a Net Yield of 8.98% sound? Well fantastic of course!!

This well organised, up & running room by room rental has a Pre Tax Cashflow of $10,160 per annum! There are 7 bedrooms in total and is a modern dwelling with low maintenance. Excellent condition, fully furnished and very well presented.

We have added 2 RevIQ Analysis - one showing no property management fees and one showing property management fees of 6% + GST. The property is currently managed by Christchurch Property Ltd.

Location - Ward Street, Addington. Close to city centre, bus stops, short walk to CBD & hospital. 7 mins to University

Additional Documents:

Click to Download
Description: Analysis
File Size: 71 Kilobytes
Click to Download
Description: Analysis with Management Fees
File Size: 71 Kilobytes