Are you looking for a fantastic investment opportunity in one of Christchurch's most sought-after student rental locations? Then let me introduce you to 21 Lochee Road, Upper Riccarton.
This is a seven-bedroom student rental property with off street parking for all, that's perfectly positioned and freshly tenanted. The configuration offers four bedrooms in the main house and three additional bedrooms outside, providing excellent flexibility and privacy for tenants.
A large living room, central kitchen dining area supported by two bathrooms and excellent flow to outdoor living amenity.
Location is everything, and this property delivers. You're just a kilometre to the University of Canterbury, making it incredibly attractive to students who want convenience and want to avoid commuting costs.
The numbers speak for themselves - Currently returning $1,330 per week, this property offers a strong rental yield. Even better - it comes fully tenanted until December 2026.
Looking for a proven performer in a fantastic location with strong rental returns and tenancy security? Properties like this in Upper Riccarton don't come along often.
Wanting a viewing or discuss the financials in more detail? Get in touch.
Call Mike now
**Deadline Sale - All Offers to be Presented 3:00pm Wednesday 25th February (Unless Sold Prior)**
*Please be aware that this information may have been sourced from third parties such as RPNZ/ Property Guru/ Land Information New Zealand/ Local Council/ CERA, and we have not been able to verify the accuracy of the same.