3/42 Howard Street, Spreydon

Christchurch

  • 2

  • 1.5

  • 1

28.18%

Forecast 5 year capital growth

3.61%

Gross Rental Yield per annum

$727K

Purchase Price

Completed by Wolfbrook Residential in April 2022, 3/42 Howard Street, Spreydon is an architecturally designed townhouse within 4km of Christchurch central city.

This two-bedroom townhouse includes a garage, a much sought-after feature often missing from city fringe developments. Open plan kitchen and living areas lead out to secure and private courtyard. The two bedrooms are upstairs as is the bathroom with an additional guest toilet located downstairs. With modern appliances, blinds throughout, and keyless entry this new home is ready for tenants to move in.

Positioned well for access to many amenities including supermarkets, medical centres and Barrington Shopping Centre. Hagley Park and the Christchurch Adventure Park are handily located within 5km. Zoned for Christchurch South Intermediate, there are also pre-schools and primary schools nearby.

Forecast to achieve a weekly rental of $500 per week, and located well for future capital growth- we love this property!

Breakdown of rental expenses:

Rental Distribution
Dividends repesenting your share of the net rental income (paid quarterly)
Capital Gains
Your share of any increase in value when the property is sold.
Total Return

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