With the historical low interest rate offering at the moment, student flats proved to be the most secured investment. Whether you are looking for a house for your kids attending Canterbury University or a student rental which had proven to be a success for the last decades, you should have a close look at this solid building and a standalone one bed room flat at the rear.
The main brick house offers 5 bedrooms with an open plan dining/living area and a separate kitchen, laundry, toilet and bathroom.
The one bedroom flat contains separate lounge with modern kitchen and bathroom and it can be tenanted separately.
You have a choice here - you can choose to move in next year to the one bedroom flat or the 5 bedroom house and rent out the other to earn an income or you can rent out both units to receive a sizable income.
Take this opportunity to secure this before the University starts next year.
The main house in front is in vacant possession which give you the choice to upgrade it if you wish or rent it out as is.
Locality is impressive and close to all amenities like Bush Inn and Riccarton Malls as well as to great schools like Riccarton High and Middleton Grange.
Hurry ..... Vendors are determined to sell so grab this opportunity before someone else does.
To download the auction pack, please go to this link and fill the form:
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https://www.propertyfiles.co.nz/property/AH5548
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*Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.
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