9.8% Gross Yield Cash Cow Near To Canterbury University

This large 210m² house consisting of 8 double bedrooms and 1 single bedroom has been set up as a ROOM by ROOM Rental and appealing for year 2 or 3 University Students or young professional.

The 8 rooms are again rented for this year with some rooms signed for a full 12 months and the remaining until December.

Currently returning $1,120 per week this represents a fantastic “up and running cash cow”. There is a possibility of more upside in rent.

The 8 double bedrooms are fitted out with double beds, desks and chairs.

The house has 2 bathrooms (1 upstairs and 1 downstairs) There is also a 3rd Toilet

The house is fully furnished including 42″ plasma TV, dining suite, Lounge suit and table, 2 freezers, 1 fridge, washing machine and dishwasher.

There is a shed out the back for storage as well and the river runs down the back of the property alongside a BBQ area. There is a large conservatory to really keep the place warm, although there is a heat pump as well.

Landlord provides phone/internet (20gig per month) and sky basic services at a cost of $145 per month.

** No damage from either major earthquake.**

Please contact me for tenancy agreements, Sale & Purchase agreement or chattel valuation.

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Take ACTION now and contact me for more details on this property.

Peter

(021)2255753 begin_of_the_skype_highlighting (021)2255753 end_of_the_skype_highlighting