Options galore are on offer here. Buy one house or buy them both. Collect the rent for years to come and when the time is right maximise the land holding and re-develop the sites for the next generation of student living.
These purpose-built investment properties not only come with great functionality but also a very strategic location, being a mere 500 metres from the University of Canterbury Campus. With 100% occupancy year after year, you can be assured of a perfect investment for the savvy purchaser.
Next year's tenants are secured with rental income of $ 1,200 per week per house, $ 2,400 for both. Each house has one tenancy agreement in place, it is not a "room by room" tenancy.
On offer is:
- Two 6 bedroom dwellings, each on their own freehold title.
- 2 bathrooms in each.
- 3 toilets in each.
- Separate laundry in each.
- Double Glazed windows.
- Ample off-street carparking.
- 612 m2 land area each, 1,224 m2 combined.
Ideally located in the heart of the Upper Riccarton / Ilam area, 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.
Property files available for download here: https://www.propertyfiles.co.nz/property/RN7598
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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