Vendor Purchased, Must Be Sold

6/11 Exeter Street, Merivale - Christchurch City

$495,000

Property ID: RD8816

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For more information, please copy and paste the below link into your web browser:
https://www.harcourts.co.nz/RD8816#documents

Offered to the market with indisputable motivation, this modern apartment represents an excellent investment or urban abode in a desirable city-fringe setting.
Constructed only 5 years ago in a premium pocket of Merivale, this apartment is sensationally set up for investors, with fixed rent in place until 29/9/22 and returning $450 p/w.
Professionals will also be drawn to the location and easy-care upkeep, and the apartment's attainability is enhanced by the approx. 47.5m2 floor plan, which allows for 80% borrowing.
Enjoying the option to be fully furnished or unfurnished, this top-floor apartment possesses a logical layout, featuring an open-plan kitchen and living area which extends outdoors to the balcony. The bedroom is accompanied by a sleek bathroom, while the inclusion of an assigned covered car park is another advantage.
Situated only a stroll from Hagley Park and Victoria Street, this property also promises easy access into Merivale and the city, while proximity to private schools and including Elmwood School, Heaton Intermediate, Christchurch Boy's / Girl's High School and Burnside High School. Having served as a reliable investment, the vendor has decided to shift their focus to another project and is determined to sell. Immense interest is anticipated, and your immediate attention is required now.

Property Information

Property Type

Unit, Apartment

Property Features

Smoke alarms

Roof

Coloured steel

Tenure

Stratum in freehold

Property condition

Excellent

House style

Executive

Garaging / carparking

Open carport, Off street

Construction

Plaster, Cedar and Aerated Concrete Panel

Joinery

Aluminium, Double glazing

Insulation

Ceiling

Flooring

Tiles and Carpet

Window coverings

Blinds

Heating / Cooling

Heat pump, Air Conditioning, Electric

Electrical

TV points

Chattels remaining

Blinds, Fixed floor coverings, Light fittings, Rangehood, Dishwasher, Smoke Detector, Heated Towel Rail, Heat pump, Cooktop, Separate Oven.

Kitchen

Modern, Open plan, Dishwasher, Separate cooktop, Separate oven, Rangehood, Extractor fan, Microwave and Finished in Other (Tristone)

Living area

Open plan

Main bedroom

Double and Built-in-robe

Main bathroom

Separate shower, Exhaust fan, Heater

Laundry

In bathroom

Views

Private, Park

Aspect

North, East

Outdoor living

Deck / patio

Fencing

Fully fenced

Land contour

Flat

Water heating

Electric

Water supply

Town supply

Sewerage

Mains

Locality

Close to schools, Close to transport, Close to shops

Management agent

Property manager: Patricia Hickey, Mobile: 021837166, Business: CHCH Accommodation, Email: pm@christchurcha-accommodation.co.nz

Pedro Park
Pedro Park

P03 352 0352

M021 223 2032

Epedro.park@harcourts.co.nz