42 Newnham Terrace, Upper Riccarton, Canterbury

For Sale

42 Newnham Terrace, Upper Riccarton, Canterbury

Price by Negotiation

256 m²

420 m²

House

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What's around 42 Newnham Terrace

Prime Location for Unmatched Returns

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.