479 Worcester Street, Linwood, Christchurch City, Canterbury

Currently set up for a generous rental return, this solid, spacious and appealing villa has five separate tenancies with a large communal kitchen living space with two ovens and gas hobbs and five individual fridges. Fully Healthy Homes compliant. The tenants can all live independently while still living in a safe and cordial environment with others. Each generous room has its own heat pump. With tenancies set up like this, as a landlord, you are protected from any long periods of vacancy. The current landlord has very rarely had a room empty as the proximity to the City and the tidy nature of the property is attractive to both singles and couples looking for clean, warm and affordable living. The landlord currently pays for the internet, gas and power and this is part of the rental which is currently averaging approx $200 per room. The other option is for a purchaser looking to reclaim the persona of the large family home close to the city as you could easily convert this back to this style. With our owner currently living overseas and no longer planning on returning to New Zealand, this opportunity is now open to another savvy investor.