Property Files:
https://www.propertyfiles.co.nz/47WestBelt
For over 25 years, this property has been a rock-solid performer in the same portfolio and not once has it stood empty. From the 1990s to today, it has delivered consistent returns and remained a highly sought-after rental, a testament to both its size and its prime location in the heart of Lincoln.
With six bedrooms and a functional floor plan, it's no surprise this home has never been short of demand. Currently returning $860 per week with a tenancy in place until November, the potential is clear to lift this figure into the $900-$1,000 per week range moving forward.
Well cared for and steadily upgraded, the home has seen thoughtful improvements over the years including:
- Re-Plumbed
- Upgraded wiring & new fuse board box
- LED lighting throughout
- Fresh carpet & blinds
The layout is practical and appealing, featuring a separate lounge plus open-plan living area, two bathrooms, and a separate laundry.
Location is everything and this property is just a short walk to Lincoln University, the town centre, local cafes, shops, walkways and reserves, making it an incredibly attractive option for both students and families alike.
Added value comes with the included chattels: fridge/freezer, washing machine, dishwasher, and stove ensuring it's ready for tenants or family use from day one.
This is more than just a property - it's an opportunity to step into a proven income earner with an unrivalled rental history and room to grow. Properties of this scale and track record in Lincoln are rarely available, making this a smart addition to any investment portfolio.
