Beat the Banks Deposit Rates, Leased Investment
Leased at $31,500 + G.S.T + Operating expenses(Rates and insurance) per annum, this is an ideal entry level investment for an individual or a family trust with vision for the future to focus on.
The property is close to The Palms shopping Mall, enjoys exposure to a high traffic flow and is leased to a long established, well respected Optician.
With the bulk of the section being asphalt, offering parking and a garage, maintenance of the grounds is minimal.
Avoid the management hassles of residential rentals and tenants.
Keep an eye on this, the returns will create a good deal of interest.
To be sold plus GST if any.
AUCTION: Thursday 29th October 2020 from 12:00pm Harcourts Grenadier 98 Moorhouse Avenue (Unless Sold Prior)
Please be aware that this information may have been sourced from RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA and we have not been able to verify the accuracy of the same.