4/70 Brockworth Place Riccarton, Christchurch City

Strong Returns:

• With proven short term Airbnb success in the complex, the income potential is $150 per night (estimated) by Ohana Property (subject to council consent).
• Rental appraisal: $560-$595 per week
• Projected gross yield of 5.03% based on the high end of the rental appraisal

Low Ongoing Costs:

• Residence association fee: $2.060.00 per annum
• CCC rates: $3,868.04 per annum

Key features:

• Freehold Title - no body corporate hassles
• Fully Equipped: Comes with a fridge and washing machine - perfect for immediate Airbnb use or for tenants
• Great School Zones: In zone for both Christchurch Boys' High and Christchurch Girls' High - a major drawcard for long-term tenants

Located in the ever-popular suburb of Riccarton, this modern 2020-built townhouse presents an outstanding opportunity for savvy investors or those seeking a turnkey Airbnb property. Positioned just minutes from Christchurch CBD, it offers the ultimate in convenience for guests and tenants alike wanting to be close to the city. With this property being close to the Christchurch Hospital, it will attract A-grade tenants.

Download property files: http://propertyfiles.co.nz/4-70BrockworthPlace

Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice.