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Townhouse

13/17 Warwick Street Richmond, Christchurch City

Sold on 5 Jul 2024
  • 2 Beds
  • 2 Baths
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13/17 Warwick Street, Richmond, Christchurch City

Townhouse in Richmond

Cash Cow Alert! 6.5% Yield + Dual key

  • 2 Beds
  • 2 Baths
Listed By:
Ray White BarringtonNext Step Realty Limited Licensed (REAA 2008)

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.

Features:
  • Living Rooms
Property ID:

BGN32394

Bedrooms:

2

Bathrooms:

2

Listed By:
Ray White BarringtonNext Step Realty Limited Licensed (REAA 2008)