24 Sugden Street

Spreydon Canterbury

812 m²

House

Currently for sale - view listing

Overview

Rare Dual Income Opportunity

To download the property files, copy and paste the link here: https://www.propertyfiles.co.nz/property/24sugden Opportunities like this are few and far between. Set on a single freehold title, 24 Sugden Street presents an outstanding dual-income investment in one of Spreydon's most consistently sought-after locations. Offering two well-proportioned homes, this unique property provides excellent rental flexibility and strong long-term appeal, whilst also offering excellent landbank opportunity. At the rear, you'll find the rare combination of a spacious three-bedroom home complete with its own garage-a highly desirable offering that is seldom available in dual-income properties. At the front sits a generous two-bedroom residence featuring oversized double bedrooms, making it equally attractive to quality tenants. Whether you're looking to grow your investment portfolio, maximise rental returns, or secure a property to live in, and the rent the other - this truly ticks the boxes. Perfectly positioned just moments from Barrington Mall, cafés, supermarkets, parks and public transport, everyday convenience is right at your doorstep. Adding further value, the property is currently zoned for the ever-popular Cashmere High School-a feature that continues to underpin both tenant demand and long-term capital growth in the area. Key Features: Two homes on one freehold title Excellent dual-income investment. Currently returning $1,120 p/w combined. Front unit: Two generous double bedrooms with open plan kitchen and living. Rear unit: Three-bedroom home, separate lounge with open plan kitchen and dining. Good sized garage and backyard. Fixed term tenancy in place to 11.07.2027 - $640 p/w. Land zoning - Medium Density Residential Zone Minutes to Barrington Mall and local amenities Currently zoned for sought-after Cashmere High School Make no mistake, what an opportunity on offer here. Offered to market as a Deadline Sale, so please get in touch with Nick Eschenbach for more information. Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer