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42 Newnham Terrace, Ilam, Christchurch City

Prime Location for Unmatched Returns

dollar

POA

House
Home & income
Bedroom
6
Bathroom
6
Floor area
256m2
Land area
420m2
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Property details

Listing # HSS5249 | Listed on 22 July

Property files download link - https://www.propertyfiles.co.nz/42NewnhamTerrace

Strategically positioned within walking distance of the University of Canterbury, 42 Newnham Terrace is a purpose-built, post-quake rental powerhouse. Designed to maximize both comfort and profitability, this high-yielding property is an ideal addition to any investment portfolio.

Modern Design & Functional Excellence

Contemporary cedar-clad exterior, offering both durability and aesthetic appeal.
Thoughtfully designed layout catering to tenant needs, ensuring high demand and strong occupancy rates. Versatile & High-Yielding Accommodation
Generating approximately $2800 weekly rental income.
Featuring nice fully furnished ensuite bedrooms, each equipped with a bed, desk, and mini fridge-providing privacy and convenience for tenants.
Expansive shared spaces, including a well-equipped modern kitchen, an open-plan dining and living area, dedicated storage, and a separate laundry room.
Private, sun-filled backyard offering a relaxing retreat for residents. Exceptional Investment Performance
Consistently achieving occupancy rates of 95%+, ensuring steady rental income.
Ideal for investors seeking a high-performing, low-maintenance property with strong returns.
Unbeatable Convenience & Connectivity

Just minutes from Bush Inn Shopping Centre, cafes, supermarkets, and key transport links.
Four dedicated off-street parking spaces, with additional nearby street parking available.
Perfectly positioned in one of Christchurch's most sought-after rental locations.
42 Newnham Terrace offers a seamless combination of modern design, high tenant appeal, and strong financial returns. Whether you're looking to expand your portfolio or secure a robust income-generating asset, this property stands as a premier investment in Christchurch's thriving rental market.
Don't miss out-contact us today to arrange a viewing and secure this prime investment!

Work-in availability is considered on a case-by-case basis. Please reach out to discuss further.

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Additional features

Other park
4 other parks
Water closet
6 Separate toilets

Schools and childcare in the area

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