15B Burdale Street, Riccarton, Christchurch, Canterbury, 8011, New Zealand

Our seller now resides in Wanaka and is liquidating this Christchurch investment providing you with an excellent opportunity to secure this ready made cash cow complete with excellent fixed term tenants through to March 2024 . Returning over $31,000 gross per annum this robust well constructed property has and does perform well year after year and we would expect it to well in to the future.

It’s fair to say no one rings a bell to tell you it’s the bottom of the market and with interest rates appearing to have peaked, rents increasing under pressure and a steady migration to Christchurch now could be the most appropriate time to be buying a steady medium to long term investment and take advantage of the correction that has already occurred . Either way our seller is keen to sell and on inspection you’ll easily understand why this has always been a sort after home for tenants.

Part of the real appeal is the close proximity to Hagley Park and the city centre in one direction and the Westfield shopping precinct in the other. Do the sums . This is an easy care cash cow .