40 Lynfield Avenue

Ilam Canterbury

731 m²

House

Currently for sale - view listing

Overview

Strong Cashflow & Prime Education Location

A rare opportunity to secure a high-yield investment in one of Christchurch's most sought-after education precincts. Perfectly positioned just minutes from the University of Canterbury, this outstanding location offers a seamless education pathway from primary school through to university, making it an ideal choice for both investors and families planning for the future. The area continues to enjoy strong rental demand thanks to its proximity to major educational facilities and everyday amenities. Configured with 7 bedrooms, 2 bathrooms and 3 toilets, the home is currently fully tenanted by university students, generating an impressive $1,280 per week. The fixed-term tenancy runs through until the end of next year, providing immediate rental income and long-term security for investors. Set on a generous 731sqm freehold section in the sought-after Medium Density Residential Zone (MDRZ), this property also offers future land-use potential (subject to council approval). Whether you're looking for a high-performing investment, a student accommodation opportunity, or a landbank with future upside, this is a property that ticks all the boxes. To download property files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/property/40LynfieldAvenue Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.