6 + 6 + 6 = BUY ME!!

Listing Number:  1164
Posting Date:  09 September 2008






 
Price:$499,000
Listing:6 + 6 + 6 = BUY ME!!
Type:Off The Plans
Category:Assignment
Bedrooms:6+
Bathrooms:3+
Region:West Coast
Site Area:140 m2
Address: Login
Building Area: 
Property Image

Description:

6 Bedrooms plus 6 Ensuites plus 6 more good reasons to buy:
1) 12.51% Yield,
2) $3,699 Pre Tax Cashflow AFTER Property Management Fees,
3) Instant Equity of $41,000,
4) Fully Furnished,
5) Completion due in February 2009 - perfect timing for the beginning of the uni year,
6) Rental Guarantee plus Rates & Insurance be paid for the first 2 Years by the Vendor!!

Similar properties have also been built down the road and successfully tenanted. Photos are of that property. To be built by Jennian Homes with a 7 Year MasterBuild Guarantee.

Rental Appraisal at $200 per room including services.

Fantastic opportunity to purchase prior to completion - plus possible to use Home Bond for your deposit. As an added bonus, the developer has agreed to pay the Rates & Insurance for 2 years up to a value of $1800 per year!! One of four to be built - if you are interested in purchasing more than one, we can offer the other 3 for sale also. Registered Valuation available on request.

To be built by Jennian Homes with a 7 Year MasterBuild Guarantee. Similar properties have also been built down the road and successfully tenanted. Photos are of that property.

Centennial Ave, Riccarton - University of Canterbury only 7 minutes walk plus close to Teachers College. Westfield Riccarton is also only 5 minutes walk.

Assignment Fee: $9,990


Additional Documents:

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Description: Plans
File Size: 1.15 Megabytes
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Description: Site Plan
File Size: 1.95 Megabytes
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Description: Analysis
File Size: 63 Kilobytes
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Description: Rental Appraisal
File Size: 162 Kilobytes
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Description: Specifications
File Size: 26 Kilobytes
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Description: Chattels List
File Size: 24 Kilobytes
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Description: Assignment Forms
File Size: 239 Kilobytes