SoldJul 23, 2026

40 Lynfield Avenue, Ilam, Canterbury

Amount undisclosed

7
2
731 m²

House

21 days on the market

Sold: Jul 23, 2026

What's around 40 Lynfield Avenue

About this property

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 $1,264 per week. The fixed-term tenancy runs through until the 30 November 2026, 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-perf

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