1/21 Gilbert Street
Witherlea, Marlborough District
SOLD
2
1
1

Prime Rental Investment / Own Your Own

For the last few years this property has been rented to Chch Central Methodist Mission for the provision of government housing. Rent is paid by the Mission each week and they manage the property carrying out the inspections etc. Property ownership with the government as tenant has the benefit of 100% tax deductibility. Its a nice, tidy hands off guaranteed managed method of property investing. Being the front one of two it has the road frontage.

Its nice and sunny - particularly so with the north facing conservatory off the lounge. Built in the 1970's the unit is low maintenance with solid and dependable summer-hill stone and aluminium windows. Internal access garaging is a feature plus there is adjacent off street parking as well. While its tidy you could definitely add value with a cosmetic upgrade to this rented safe investment. If you want to continue with the current tenancy arrangements its simple and you could have an investment property before Christmas

Open Homes

Property Features

Property ID: BLN31482
Bedrooms: 2
Bathrooms: 1
Building: 90m2
Listed By:Instep Real Estate Limited Licensed (REAA 2008)
Share:
Ian Fyfe, Licensee Salesperson  at Ray White Blenheim