Deadline Sale (unless sold prior)
1pm, Wed 25 Nov 2026
This property presents an excellent opportunity to secure a modern, dual-income investment in the sought-after Te Whāriki subdivision of Lincoln. Built in 2023, this purpose-built property comprises two separate dwellings on one freehold title, offering established rental income and the flexibility to continue as an investment or make vacant for owner-occupation.
The property includes a three-bedroom home and a separate two-bedroom dwelling, each with its own internal access garage. Investors can enjoy two rental incomes, while owner-occupiers have the option to live in one dwelling and rent out the other, providing flexibility, additional income and the benefit of a modern home.
• Dual-income investment currently generating a combined rental income of $1,090 per week over two, periodic tenancies
• Fully tenanted or vacant possession available
• 1 x three-bedroom dwelling featuring a master bedroom with ensuite and walk-in wardrobe, an internal access garage, and rental income of $580 per week
• 1x two-bedroom dwelling featuring a modern family bathroom, an internal access garage, and rental income of $510 per week
• Contemporary 2023 construction offering sleek design and low-maintenance living
• Double glazing throughout for year-round comfort
• Freehold title comprising 676sqm (more or less) of TC1-zoned land
• Rental growth potential, with appraisals indicating possible returns of up to $1,260 per week
Conveniently positioned within walking distance of Lincoln University and Lincoln Village, where cafés, shops, eateries and everyday amenities are readily accessible. This appealing location attracts a broad tenant market, including university students, professionals, couples, and small families.
With both dwellings tenanted and rental income already established, this is an opportunity to secure a modern investment in a growing township.
Please contact the agents to arrange a private viewing outside advertised open home times, as the property is fully tenanted.
To download the property files, copy and paste the link below into your browser: To download the property files, copy and paste into your browser: https://www.propertyfiles.co.nz/5532213
