521 Madras Street St Albans, Christchurch City

Its not every day such a quality investment becomes available to the market.

Featuring a very popular Investment Style with 4 x 2 bedroom units and four single garages with remote control door openers at the rear of the property. Less than 10 minutes drive to Cathedral Square and surrounded by quality properties these units are in a very desirable rental area

Unlike most blocks configured in this style, these units are a 2016 build. They are all built to modern code guidelines and set up for minimal ongoing maintenance. This block is currently returning $1420.00 per week.

With some of the lowest interest rates in decades now is the time to either simply add to, or upgrade your portfolio with the purchase of this modern build. The units are all on a variety of fixed term leases with tenants who are looking after the property well. Two of the tenants have been there since 2016.

The Post Earthquake build and up to date building code requirements should ensure quiet confidence.

The units all have modern dishwashers, washing machine and vented driers with excellent kitchens and bathrooms. nice lounges and two double bedrooms. The decor is modern and fresh.

Seldom have I seen a block of units come on to the market with so little to do other than collect the rent. The units are currently on one title.

The property is being sold by negotiation. Phone me now to discuss this excellent block.