Priced By Negotiation

Situated in a highly sought-after location within walking or driving distance of the University of Canterbury, this property sits on 493sqm (more or less) of TC1 Residential Suburban zoned land. Currently leased at $975 per week until December 2026, it offers investors a secure and consistent income stream from day one.

•Five double bedrooms
•One bathroom and two toilets
•Leased at $975 per week until December 2026
•Located in proximity to the University of Canterbury
•Converted garage space provides ample room for tenants' storage needs
•493sqm (more or less) of TC1, Residential Suburban zoned land
•Ample off street car parking

The dwelling provides comfortable and practical accommodation, comprising five bedrooms, one bathroom, and an additional second toilet. The kitchen is well appointed with durable stainless-steel benchtops and generous storage, while the bathroom and toilet have been tastefully modernised to meet contemporary living standards. A heat pump ensures year-round comfort, particularly through the cooler months.

The converted single garage offers substantial storage space for tenants, complemented by ample off-street parking—an increasingly sought-after feature in this location.

This property represents a compelling investment opportunity, underpinned by its proximity to leading educational institutions, strong rental return, and future growth potential.

To download the Property Files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/property/5529460