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Getting Started with Low Equity!

St Martins, Unit A 01 St Martins Green Development

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Listing Number: CR27778
About this listing

SOLD - This listing was sold in June 2015.

Every once in a while something happens in an area that springboards growth and then everyone thinks - yes well that was obvious!

St Martins Green by Four Avenues Property Group is a brand new architecturally designed residential development within a spacious park-like "Village Green" setting.

Located only 5 minutes from Christchurch's CBD, ChCh polytechnic Institute of Technology (CPIT), the recently rebuilt St Martins New World, Waltham Park, the Heathcote River, and the newly opened Waltham swimming pool.

Unit A.02 is a contemporary 3 bedroom / 3 bathroom townhouse with two separate private outdoor living area (40 SQM more or less). This townhouse has been designed specifically with investors in mind. It has 3 large double bedrooms / suites, each with large wardrobes, separate bathrooms, and private balconies / outdoor courtyard. Investors are encouraged to maximize their rental returns by renting these bedrooms / suites separately on a room-by-room basis. Competitively priced at $439,900, investors can achieve over 9% Gross Yields and over $6,000 annual cash-flow (Based on independent rental appraisals).

An independent Registered Valuation of $480,000 and Rental Appraisals at $840 / week are available for this townhouse.

Only top quality construction methods used with 10 Year Builders Guarantee.
Exterior building envelope:

- Constructed from brick veneer and fibre-cement board (Hardies or similar), iron roofing and double glazed aluminum joinery.

Interior fit-out:

- A mix of tile and carpet flooring throughout, architecturally deigned kitchen with Fisher & Paykel appliances and walk-in pantry, well considered internal storage options, and full height floor-to-ceiling windows and sliding doors from the living areas and bedrooms to spacious outdoor courtyards and balconies.

All townhouses and apartments are fully engineered to meet 100% of Christchurch's revised building code with foundations designed to meet TC2 land conditions.

Our experienced developers Four Avenues Property Group have worked extensively with their design team and the Christchurch City Council to create this wonderful urban living concept. With a strong track record and responsible for the highly successful Leicester Executive Apartments, security of investment and reliability of delivery are assured for Purchasers.

Construction is due to start in November 2015 with a Target Completion Date of 31st July 2016.

Ask about the Incredible Financing Options Available:

- Keep it simple and secure your unit with a 10% deposit on confirmation, and no further payments until completion in July 2016.

- Use a Deposit Bond and secure your unit for less than $1,000, and no further payments until completion in July 2016.

Subject to lending criteria and approval etc.

St Martins Green - That village feel, excellent local amenities and schools, a brand new home and the numbers make sense - that's all the right ticks in all the right boxes.

Appointment viewings welcome, or email agent for further information.

Property Information
  • Tenure: Freehold
  • Property condition: New, Excellent
  • Property Type: Unit, Townhouse, Apartment
  • House style: Contemporary
  • Garaging / carparking: Free standing
  • Construction: Brick veneer and Iron
  • Joinery: Aluminium, Double glazing
  • Roof: Iron
  • Flooring: Carpet
  • Heating / Cooling: Electric
  • Chattels remaining: Fixed floor coverings, Light fittings, Stove
  • Kitchen: New, Modern, Open plan, Dishwasher, Separate cooktop, Separate oven, Rangehood, Pantry and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Ensuite: Separate shower
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Main bathroom: Separate shower, Exhaust fan, Heater
  • Laundry: Separate
  • Aspect: West, East
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Landscaped / designer, Manicured
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to shops, Close to transport, Close to schools

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