419 Gloucester Street, Linwood SOLD

419 Gloucester Street, , Linwood   
Listed: Wednesday, 23 September 2020
Residential Sale


If you are looking to increase your rental portfolio, or start on the property investment ladder, then this is the deal for you! Great location – close to the city centre, Eastgate Shopping Centre, AquaGym Swim Centre, and many other attractions.

This house has already been converted into two flats, with a combined gross rental income of $550 per week.

Flat 1 (front flat): contains one double bedroom, bathroom with shower & toilet; and open plan kitchen/dining & living. The fridge/freezer is also included. It is heated by a heat pump, and had R4.0 ceiling batts installed in 2015. It is set within a secure front yard, and has an off street parking bay.

Flat 2 (back flat): contains three bedrooms, updated bathroom, lounge, separate kitchen; and separate laundry leading into a separate toilet. The fridge/freezer and dishwasher are included. This flat also had new ceiling insulation installed in 2015, and also contains a heat pump. There is a secure back yard, separate driveway access to the carport and off street parking bay.

With tenants already in place on fixed term tenancies, and the vendor already organising a roof replacement, you should not let this one pass you by.

Get your calculator out, do your sums; and come to the open home to view!

Things we love:
• Heat pumps and insulation already installed.
• Fixed term tenancies already in place.
• New roof! (To be installed).


Please see BlueSky website listing for Covid-19 instructions and Passing over of Information Statement.

Details contained sourced from: RPNZ, REINZ, CCC, Cera, Property Smarts, & Vendor.

Location: 419 Gloucester Street, , Linwood

Living areas: 2

Bedrooms: 4

Bathrooms: 2