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Hei Hei. Long Term Government Tenant

ID:CC100376 Price:Offers over $240,000

Picture of the Hei Hei. Long Term Government Tenant

Address:: 103 Gilberthorpes Road, Hei Hei, Christchurch
Contact Agent:: Sam Cowdy
: Ph: 021 365 605
House Size:: 80m²

About This Property

Arm chair investment! This over sixties retirement unit is leased to Housing New Zealand offers a trouble free investment.

The property (consists of 2 bedrooms & 1 bathroom) is the rear unit of 4, built in 2004 by Horncastle Homes.The lease commenced in July 2004 for a 10 year term with a 5 year right of renewal. The weekly rental is guaranteed and is currently set at $241 per week (subject to an annual rent review).

The delightful and careful elderly tenants have been in the property since 2004 and love the property and the community they live in!

Designed for and restricted to over 60's, properties of this calibre tend to have responsible tenants backed by HNZ.

The vendor has purchased elsewhere and wants sold. View by appointment.

Offers over $240,000.