This is your chance to secure a proven cash-flow machine in Riccarton's golden mile - steps from Church Corner. While others gamble on vacant land and development delays, you can buy a fully established income stream generating $1,930 per week with upside to grow.

View property documents here:
https://www.propertyfiles.co.nz/property/911760003

The Numbers That Matter:

• Current income: $1,930 per week (potential to increase)

• Long-term tenants staying on

• Medium Density Zoning - future development upside when you're ready

What You're Buying:

• Front brick home: 3 bedrooms (reconfigured from 2), kitchen with pantry, separate laundry, bathroom, and toilet

• Rear weatherboard home: 4 bedrooms upstairs with bathroom and separate toilet

• Bonus self-contained family flat downstairs: Kitchen, bathroom, toilet, private garden

• Double internal-access garage, electric door, off-street parking for at least 6 cars

• New concrete driveway for low-maintenance appeal

• Most bedrooms enjoy all-day sun - a rare tenant drawcard that commands premium rent

Why This Outperforms the Market

ÃÅ"" Immediate income from day one - no development delays
ÃÅ"" Established tenant relationships - rooms fill quickly when available
ÃÅ"" Location you can't replicate - walking distance to UC, Church Corner shops & transport
ÃÅ"" Low-maintenance construction - brick and weatherboard
ÃÅ"" Zoning upside - develop when the time is right

This is a once-in-20-years opportunity as the long-term owner retires. With its established tenant base, strong cash flow, and prime location, this property offers immediate returns from settlement day and long-term growth potential.

The owners are motivated and will consider all reasonable offers.
Inspection is essential to appreciate the true value of this asset.

ÃÅ"ž Contact Grace today for a private viewing or full financial breakdown.