2 Cannon Hill Crescent, Mt Pleasant, Christchurch City

Offering a rare combination of luxury, location, rental income and style this unique investment property has it all. Positioned slightly elevated and giving serene views across green areas including Heathcote River, this property's location is just minutes away from the beachside, coastal pathway, Ferrymead Retail Hub, Port Hills tracks.

The property consists of

• 7 bedrooms

• 5 bathrooms

• Including a fully self-contained studio

• Multiple living areas

• Salt water in-ground pool

• Outdoor terraces, decks and landscaped entertainment areas, all peaceful and private.

• Showing a net return of 6% at asking price

• Asking price includes chattels ($150,000)

Currently being rented as room by room rental including the fully self contained studio. Extremely strong occupancy with long term tenants. Five years rental history. Currently returning $2,680.00 weekly ($139,360 per annum).

To be sold as a going concern + GST (if any).

With a stunning location, this presents outstanding opportunities for investors and/or savvy buyers. Explore your options here.

Viewing by appointment.

For more information please contact David Archibald on 0274369130.

Please copy and paste this website address into your internet browser to download the property files: https://www.propertyfiles.co.nz/5528791