Auction: 10am, Tue 31 May 2016 (unless sold prior)
3 Deans Avenue, Riccarton, Christchurch
Calling all investors or those wanting to start a portfolio and want to make a smart first choice. How does $1,222 per week sound?
Located only four minutes from the University of Canterbury, this eight double bedroom home has been successfully run as a student accommodation investment for the last seven years.
Currently tenanted until November 2016, this house is well regarded by both the University and the students and has never had an income free week. Canterbury University have advised that "we are expecting significant growth (10-13%) in student numbers and accommodation is a pressing problem. Furthermore, quality, affordable accommodation close to campus is one of the most valuable contributions to student success".
It has all the aspects considered desirable:
- Walking distance to the University
- Warm and insulated with a heat pump and log fire
- Ample bathroom facilities
- Double glazed on the South side
- Car parking for eight cars
So if you want to buy now and be paid weekly give me a call to receive all the information.
Please be aware that the land area information was sourced from RPNZ/Property Guru and we have not been able to verify the accuracy of the same.