30 Doncaster Street, Sockburn, Christchurch

Higher return investment

For Sale - Negotiation over $570,000

View - By appointment

This six-bedroom student accommodation with tenants in place till February 2021 is currently being advertised for the following year at $810 per week till Feb 2022, making this a solid return for any portfolio. Adjacent to a reserve and in the ever-popular suburb of Sockburn is this two-storey family home currently rented to University students. Featuring six bedrooms in total with four bedrooms downstairs along with a kitchen, bathroom, and separate toilet plus a large laundry. Upstairs are two bedrooms with a shared bathroom. Situated on a fenced 637sqm section, zoned TC1, the cobblestone driveway leads to the double garage with attractive yard spaces. Inside the property is in a tidy condition with plenty of room to upgrade and modernise back to a family home or renovate to allow for further rent increases.

Summary:
- Six bedrooms
- Two bathrooms
- TC1 land
- 637sqm
- Rental $750 per week till February 2021
- Offered for the following year at $810 per week
- Student rental
- Double garage

Currently rented at $750 per week until February 2021 and is professionally managed by A1 property management who would be keen to continue.

We have more student rental properties available, copy and paste the below link into a new browser to view our current listings. http://propertyinvestmentchristchurch.co.nz/residential

This property is on one standard tenancy agreement, it is NOT a room by room rental.