Tall Poppy Christchurch
Real Estate Agents
- Listing #:
- TPMM1664
- Listed:
- 12 days ago
Deadline Private Treaty
Student Rental Investment!
39 Acacia Avenue, Upper Riccarton, Christchurch CityResidential House
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- 5 Bedrooms
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- 2 Bathrooms
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- 160m2 Floor Area
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- 688m2 Land Area
About this property
Welcome to 39 Acacia Avenue, Upper Riccarton!This property presents a fantastic opportunity for investors looking to secure a solid rental income in a prime location. Currently operating as a student rental, this spacious home boasts 5 bedrooms and 2 bathrooms, making it the perfect option for accommodating multiple tenants. The property also features ample off-street parking with space for 3 cars, ensuring convenience for both residents and visitors.
Internally, the property has undergone significant upgrades, which include new carpet, renovated bathrooms, redecoration throughout, a rewire, and the convenience of gas hot water - ensuring a hassle-free living experience.
Externally, the property impresses with its large garden area and studio space, offering endless possibilities for outdoor leisure or additional storage options. The tranquil surroundings of Acacia Avenue create a peaceful and private atmosphere for residents to enjoy.
Strategically located in Upper Riccarton, this property is in close proximity to the University of Canterbury, College of Education and The Otago school of Medicine, making it an attractive option for students. The rental income potential is substantial, with the current rent standing at $1000 per week from November 2024, providing a lucrative investment opportunity for discerning buyers.
Don't miss out on the chance to own a high-yield property in a sought-after location. Contact us today to arrange a viewing and secure your future investment at 39 Acacia Avenue, Upper Riccarton.
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