With Canterbury University at the end of the street, this property has proved to be an excellent rental investment for the current owners. The tenants in tenure are now in their third year here paying $930 per week ($48,360 per annum) and you can see why they have stayed on with such a host of amenities all within walking distance.

Accommodation is provided by six bedrooms, four within the main dwelling and two in exterior studio rooms adjoining the garage, and is complemented by two adjoining living areas set up for dining/studying and living. There is a main bathroom, separate w/c and a second toilet and shower in the laundry room.

Outside, the 658m2 freehold TC2 section caters to plentiful off street parking. Zoned residential suburban.

The Bush Inn Shopping Centre is within walking distance and the Riccarton hub and City Centre are all only within a 30 minute bike ride. While zoning for Ilam School and Riccarton High School adds strength to this location.

Although our vendors have enjoyed this easy investment their circumstances mean a sale is essential on, if not before, auction day. Investment interest is always high in this sought-after pocket of Christchurch and prospective purchasers are advised to act quickly.

Key Details: Fixed-term tenancy in place until December 2021. Property age 1940s with an extension and garaging in later years.

Seller Supplied: Building report, LIM and title available for your purchasing ease, enquire online for your copy.

Auction to be held 11am onwards, Thursday 8 July 2021 at Ray White, Level 2, 76 Hereford Street, Christchurch Central (unless sold prior).

*Advertised as 6 bedrooms, please note two are separate studio rooms adjoining the garage. Please refer to the auction pack for further details.

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Open home

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Tue 29th Jun 12:00PM - 12:30PM

Thu 1st Jul 1:00PM - 1:30PM

Sun 4th Jul 12:00PM - 12:30PM