Linwood, Christchurch
(Design and Build)
•Section: 665m²
•Zone: RSDT
Ryan St is a well-known street in Christchurch, with evergreen trees providing a lush environment all year round. Being a cul-de-sac, it offers residents tranquillity and a sense of seclusion. Linwood is one of the most historic areas of Christchurch, just a 5-minute drive from the city centre and the beachfront. The recent surge in medium-density housing developments has increased the population density in this area, especially among young people.
The comprehensive commercial facilities, educational institutions, and outdoor recreational amenities have made this area increasingly popular. Project Features: Including the original house, the total land area is 665 m². The existing house will be retained, and two single-story attached villas will be added. One villa, with an area of 66 square meters, features 2 bedrooms, a study room, and 2 bathrooms. The other, with an area of 92 square meters, includes 4 bedrooms and 2 bathrooms. The interior design is compact and well-organized, with each unit having its own private garden. The clever design ensures that the small indoor space is fully functional and practical, making it an excellent choice for small families seeking a cozy and tranquil living environment.
Investment Return: From the initial purchase, our company has considered the overall design of the subsequent project, retaining the old house to keep the investment low and the development process easy to manage. Upon completion, the rental yield for this project is 8.5%. If sold, the pre-tax profit is 30%.
