301A/113 Worcester Street
Christchurch Central, Christchurch City
Christchurch Central, Christchurch City
Asking price $165,000 + GST (if any)
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Investment Opportunity in Cathedral Junction
Positioned above Cathedral Junction, this apartment offers an unparalleled opportunity to immerse yourself in the heartbeat of our city's redevelopment. With current management in place, you can enjoy a hands-off investment. This flexibility ensures that your investment aligns perfectly with your lifestyle and goals.
Key Features:
• Stratum in freehold- Studio Apartment
• Managed by Quest Apartments - you will not have to deal with tenants as this is looked after by the hotel, the final lease expiry is on 24/05/2029
• The total floor area of approximately 29m2 more or less
• CV: $150,000
• Rates: $1,314.16 per annum
• Body Corp Levy: $3,362.96 per annum (including GST, Levy Period 1/3/2024 to 28/2/2025)
• Generating a return of approx. $15,560.00 per annum plus GST(if any) is paid directly into your bank account
Asking Price: $165,000 plus GST (if any)
This is a great opportunity for investment. The highly motivated vendor is eager to sell.
Now is the right time to secure a smart investment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678 to make a deal!
NOTE - photos are of a similar unit in the building, furniture will differ from photos.
Key Features:
• Stratum in freehold- Studio Apartment
• Managed by Quest Apartments - you will not have to deal with tenants as this is looked after by the hotel, the final lease expiry is on 24/05/2029
• The total floor area of approximately 29m2 more or less
• CV: $150,000
• Rates: $1,314.16 per annum
• Body Corp Levy: $3,362.96 per annum (including GST, Levy Period 1/3/2024 to 28/2/2025)
• Generating a return of approx. $15,560.00 per annum plus GST(if any) is paid directly into your bank account
Asking Price: $165,000 plus GST (if any)
This is a great opportunity for investment. The highly motivated vendor is eager to sell.
Now is the right time to secure a smart investment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678 to make a deal!
NOTE - photos are of a similar unit in the building, furniture will differ from photos.
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Attachments
Title - 301A 113 Worcester Street.pdf
Notice of Rent Review - Apartment 301A - Reducted.pdf
REAA Guide - Sales and Purchase Guide NEW.pdf
REAA Guide - OIA Anti money Laundering Flyer.pdf
Rates and valuation search _ Christchurch City Council.pdf
Deed of lease 301A 113 Worcester Street Christchurch - Redacted.pdf
may ma 301A-113 Worcester Street.pdf
Draft Sale and Purchase Agreement 301A 113 Worcester Street, Christchurch City.pdf
Deed of Variation 301A_21-59-52.pdf
Minutes of AGM 2022.pdf
Minutes of AGM 2021.pdf
Cyclical Tasks Maintenance Plan Cathedral Junction 2023.pdf
Cathedral Junction Body Corporate 325897 Rules.pdf
Annual Report 2023.pdf
2022 Annual Report.pdf
2021 Annual Report.pdf
Minutes of AGM 2023.pdf
Pre-contract Disclosure Statement - Unit 301A.pdf
Information Flyer - 301A 113 Worcester Street.pdf
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