Purpose-built for high-yield investment, this contemporary single-level brick home combines an exceptional layout with immediate rental income. Offering six generous double bedrooms, each complete with a built-in wardrobe and private ensuite, this is a rare opportunity to secure a modern, low-maintenance investment in one of Christchurch's most sought-after suburbs.
Built circa 2020, the property comes with quality tenants already in place on a fixed-term tenancy until January 2027, returning $1,200 per week, providing instant cash flow and peace of mind from settlement.
Other property features include:
- Spacious open-plan kitchen, dining and living area
- Modern kitchen with generous bench space and ample storage
- Double glazing throughout
- Heat pump providing year-round comfort
- Conveniently located close to Westfield Riccarton and Bush Inn Centre
- Just minutes from Hagley Park, the University of Canterbury and Riccarton House & Bush
- Zoned for Christchurch Boys' High School and Christchurch Girls' High School
- Situated within the Medium Density Residential Zone (subject to council requirements), offering future development potential
- An outstanding opportunity for investors seeking a high-performing rental property, while the versatile layout also lends itself to extended families or multi-generational living should future owner occupation be considered.
Purpose-built investment properties of this calibre are seldom available in such a sought-after Riccarton location. Please download the property files at https://www.propertyfiles.co.nz/property/36190119.
Please note:
(1) The subdivision of this property is currently in progress. The subdivision application has been lodged and is expected to be completed by the end of August. Please note that the land area shown in public records (779m²) reflects the original, pre-subdivision title and represents the combined area of two existing dwellings. The property is being sold subject to the new subdivision, and the final land area will be as shown on the issued title and survey plan.
(2) Some images used in this advertisement were taken from a property of similar design and specification. While the layout and finishes are comparable, prospective purchasers are encouraged to inspect the property to satisfy themselves as to the property's features and condition.
Conjunctional sales with other agencies welcome. Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/the relevant local authority/CERA and we have not been able to verify the accuracy of the same
