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Ideally positioned in one of Christchurch's strongest rental and growth areas, this five-bedroom property offers an exceptional opportunity for investors seeking solid returns and long-term growth.
Just a short walk to the University of Canterbury, Riccarton Mall, public transport and medical centres, the location ticks every box for convenience and tenant demand. Families and professionals alike are drawn to the area's top school zones, including Christchurch Boys' High, Christchurch Girls' High, and Riccarton High School.
Currently appraised to rent up to $1,100 per week, the property offers a strong cash flow and yield. Zoned Medium Density Residential, it offers excellent flexibility for future redevelopment or intensification (subject to Council consent).
Key Highlights:
• 5 bedrooms - ideal for student accommodation or large families
• Healthy Homes C