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Shanock House 1 Ashley Rd 10 Unit Apartment Building $3,408,585 CAD ($340,858 CAD/Unit) 6.12% Cap Rate New Milton BH25 6BA
Investment Highlights
- 10 self-contained apartments
- Lift access to all floors
- Located in New Milton Town Centre, overlooking the High Street
Executive Summary
Shanock House offers investors the opportunity to acquire a fully let freehold residential block in the heart of New Milton Town Centre. The property provides a strong quoted net initial yield of 6.12% and benefits from an established rental profile, modern apartment specifications, and excellent proximity to local amenities and transport links. The asset is suitable for investors seeking secure income with long-term capital growth potential in a well-established South Coast location.
Property Facts
| Price | $3,408,585 CAD | Property Subtype | Apartment |
| Price Per Unit | $340,858 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.12% | Building Size | 9,998 SF |
| Tenure | Freehold | No. Stories | 3 |
| No. Units | 10 | Year Built | 2010 |
| Property Type | Multifamily |
| Price | $3,408,585 CAD |
| Price Per Unit | $340,858 CAD |
| Sale Type | Investment |
| Cap Rate | 6.12% |
| Tenure | Freehold |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 9,998 SF |
| No. Stories | 3 |
| Year Built | 2010 |
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Shanock House | 1 Ashley Rd
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