Reap a Return Room by Room 6.1%*

$1,840,000 Plus GST (if any)

7
Bedrooms
5
Bath
2
Garage

Elegant, unique and expansive are key qualities of this room-by-room investment property that boasts a strong rental history and sits within a picturesque backdrop near the base of Mt Pleasant.

This exceptional sanctuary plays host to a total of 7 bedrooms including a self-contained unit, with 5 superb bathrooms servicing the property. Exhibiting undeniable style; no detail was overlooked when the property underwent an extensive renovation with Italian furniture and finishes showcased throughout the home while upgraded and additional engineering provides structural peace of mind.
Solar panels have been installed, which will see power bills plummet and profits soar for 2021, with turnover of $112,000 p.a.

Both the heated pool and waterfall offer resort-style luxury and induces complete relaxation, and this is amplified by the extensive city-wide vistas which generate a genuine feeling of escape.

The focus on quality has attracted quality long term tenants, including professionals in the medical and sciences sector.
The house is expansive with five entrances and split levels making it an event to catch up with other flatmates. The east wing master bedroom lends itself to a live-in owner or for a hands-off approach a property manager can run this rental which receives strong enquiry via its own website.

The consistent returns for this property are a testament to the home’s reputation and the large residential dwelling and extensive chattels list underpins this offering’s value which is being sold as a GST registered, going concern.

Privately positioned yet conveniently placed by the wealth of amenities in Ferrymead, it’s also an effortless drive around to Sumner Beach, and a 12-minute commute from the inner-city.

Whether you’re seeking a property with a proven track record for your portfolio or a live-in rental, then this regulation-compliant residence is well worth your attention.

Download the property pack at www.agentsend.com/cannonhill
*6.1% p.a. gross return based on 2021 revenue. Price Plus GST (if any)

*Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.

  • Aaron Pero

  • +64 275 22 7667

  • Email

Listing ID: FH5114

Last Updated: 18-Jan-2021 10:35am

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