254 Lincoln Road Addington, Christchurch City

Neg Over $1,199,000 - Great Return on Investment with upside !!

Rarely does an opportunity present itself to acquire an asset with BIG cashflow on one of Christchurch's main arterial routes with such close proximity to the Central City.

This property has multiple tenancies with room to increase the current rentals for an even greater return on investment. Located on 1 title you will find 7 units in total, 4 x 1 Bedrooms and 3 x 2 Bedrooms currently returning $95,160 per annum.

Addington has been singled out by Lonely Planet as one of New Zealand's most "hot and happening" places and you can see why being close to the CBD, Hagley Park, public transport, cafes, restaurants, theatres and live music venues. Highly Sought After !!

Now is the time to take control and add this wonderful cash cow property to your portfolio as the owners instructions are clear ........ It's Time to Sell !!

More properties wanted - Phone now for a FREE Appraisal and Market Update.
Hayden Jones @ Ray White 021 222 0433.