These purpose-built investment properties not only come with a great functionality but also a very strategic location. With 100% occupancy under the current owner's tenure of 8 years, consisting of students from both Lincoln University and University of Canterbury, along with young workers as well, you have got the advantage of having all the bases covered. A perfect investment for the savvy purchaser.
Positioned on a 1,123 freehold section with TC 1 zoning, you will own two homes instead of just the one. The front house is the original 1950's dwelling. A cosy 3-bedroom weatherboard home with a wood-burner to maximise the heating in those cold winter months. The back dwelling is a 6-bedroom, brick clad, post-earthquake build. Plenty of off-street parking is available on concrete drive areas to accommodate all the tenant's vehicles for both houses.
Ideally located in the heart of Upper Riccarton, these properties are close to Bush Inn Mall, Riccarton Mall, and the abundant amenities that the Church Corner area offers.
Now is your chance to purchase a solid investment for your future so be in quick before it sells. To view outside of the open home times, contact the Agents to make these arrangements.
To download property files, copy and paste the following link into your browser:
https://propertyfiles.co.nz/property/RN6889
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.
$1,780,000 23 Newnham Terrace, Upper Riccarton
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