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Seldom do these tightly held investment units become available, and it is easy to see why. Purpose-built and fully furnished across three levels, this exceptional property comprises five self-contained rooms, each complete with its own private en-suite.
Designed for investors seeking strong yields and minimal management hassle, the property consistently attracts high rental demand from professionals, tradespeople and students alike.
Each room is thoughtfully equipped with:
Wall heater, television, bed, dresser, chair, worktable, fridge, toaster, microwave, and jug.
A shared kitchen and dining area provides additional convenience, fostering a balance of independence and community for tenants. Current room rents range between $185 and $230 per week, delivering an impressive gross return.
With professional management already in place, this is a genuine turn-key investment - though the option remains for hands-on owners to manage directly if preferred.
Set within sought-after complex of 50 units, and with very few ever reaching the open market, this is a rare chance to secure a high-performing addition to your portfolio, or the perfect opportunity if you are just embarking on your property journey.
Located in the heart of Addington, the property is within easy reach of Christchurch CBD, Hagley Park, shops, cafes, and excellent transport links.
Opportunities of this calibre are seldom available. Early viewing is strongly recommended.