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Kea Mews - Contemporary Urban Living

Moments from Christchurch CBD, these freehold townhouses are made of permanent materials, have no body corporate fees and feature modern, open plan living, with an outdoor entertaining area.

Entry level investment for a premium product

Priced between $375,000 and $390,000.

Estimated gross yields 6.5%.

Excellent location minutes from Christchurch CBD, down a quiet private lane.

Respected developer Virtue Group.

Property Overview

Situated just outside the Four Avenues, these townhouses will have wide appeal to investors as tenant demand will be high from young professionals and families alike.

This opportunity represents excellent value for investors wanting to take advantage of historic low interest rates and 80% LVR lending.

Property Details

  • Freehold title
  • No body corporate
  • Excellent location a stone's throw from Christchurch CBD
  • Modern kitchen with breakfast bar
  • Grassed outdoor area with room for a BBQ
  • Fully double glazed
  • Insulated
  • Generously sized bedrooms
  • Spacious open plan living
  • Garage with additional off-street parking
  • Contemporary monopitch roof design
  • Fully fenced
Investment Fundamentals
Floor Area Units 1-5,7,9,11,13,15,19,21,23,24 - Approx. 80 square metres
Units 6,8,10,12,14,16,17 - Approx. 79 square metres
Unit 18,20,22 - Approx. 81 square metres
Status of development Mid-2018 completion anticipated
Weekly rental of up to $480  
Estimated gross yields 6.5%
Price range $375,000-$390,000
All units include a free furniture pack valued at $15,000

 



Complete Your Details to Register Your Interest


By completing this form, you agree to be contacted by a member of our property team for a no-obligation conversation about this opportunity.

This is NOT a contract for the sale and purchase of a property. Completing this form does not commit you to purchase: this is an expression of interest form that allows our property team to contact you about this investment opportunity, answer any questions you may have and help you to select the unit that best meets your investment preference.

Real Estate Investar Limited (Licensed REAA 2008)