Papanui

3/16 Grants Road

Price Guide: Buy
Price By Negotiation
Bedrooms:
2
Bathrooms:
2
Garages:
1
Car Spaces:
0

We present to you, the perfect lock-n-leave furnished city hideaways! Currently as managed Air-B&B’s, or the opportunity to maximise your returns by managing yourself.
A stylish two-bedroom, two-bathroom, or 3 bed 2-bathroom, two storey townhouses with all the mod-cons. Tiled bathrooms and showers with underfloor heating, walk-in wardrobes, double glazed, fibre connection and Bosch kitchen appliances. Fully furnished and ready for your choice of use.
Right now, there are 2 townhouses #3 & #7 which are managed, 2 bed and 3 bed Air-B&B facilities. The combined occupancy statistics provided by the management company have delivered approx return stats of nearly 9% gross or 5.5% minus management fees, Air-B&B platform and cleaning costs for 2021 (which was a tough year) and they further advise that they believe there is growth potential as we look to more open borders and travellers coming to Christchurch.
These are working properties with options galore. So, whether you are after a passive income stream or maximizing returns by working the properties yourselves of one or both, or a mix of a private residence in the city and income or just 2 fully furnished rental properties. Call us now, for further information or to book a viewing of the properties and we will get back to you with an info pack and your earliest viewing options. Looking forward to your call.
***Resource consent for air bnb applied for

*Please be aware that this information may have been sourced from third parties such as RPNZ/ Property Guru/ Land Information New Zealand/ Local Council/ CERA, and we have not been able to verify the accuracy of the same.

Property Type
Residential
Property Category
House
Garages
1
House Size
108.0 Sqm
Land Size
125.0 Sqm

Friday 08 Jul 2022
12:00PM to 12:30PM
Friday 29 Jul 2022
12:00PM to 12:30PM
Saturday 30 Jul 2022
12:00PM to 12:30PM
One Agency Real Estate Specialists (NZ)
Director
One Agency Real Estate Specialists (NZ)
LICENSED SALESPERSON

Contact Salesperson Enquiry