759sqm
land area
Income | The property is currently leased for $1,295 per week until November 2025 |
Location | Prime position, situated within a short walking distance from the University of Canterbury, this property consistently attracts a steady stream of student renters, ensuring minimal vacancies |
Parking | Off-street parking available for tenants |
Spacious | Seven bedrooms split over a configuration of three bedrooms and two bathrooms in the main house, two bedrooms and one bathroom in the sleepout, and two stand-alone sleepouts |
Enquiries over $899,000
This residence offers a well-appointed layout with seven bedrooms, three bathrooms, and additional off-street parking, all designed to provide comfort, convenience, and strong rental income potential. The main house includes three bedrooms, a modernized kitchen, and two bathrooms, while the separate sleepout features two bedrooms and a bathroom. Additionally, two standalone sleepouts offer further accommodation options.
Currently leased under a 12-month fixed-term tenancy through to November 2025, this property generates a consistent rental income of $1,295 per week. Ideally located, it is within walking distance or a short drive from the University of Canterbury, Westfield Mall, and Harrington Park.
• Seven bedrooms
• Three well-appointed bathrooms
• Current rental income of $1,295 per week
• 759sqm (more or less) of freehold land
• Close proximity to the University of Canterbury
• Ample off-street parking available for tenants
The property has been carefully upgraded, including fresh interior and exterior paint and modern fixtures throughout. It offers an appealing combination of reliable rental income and strong potential for future capital growth. With tenants secured until November 2025, you can enjoy immediate and dependable cashflow.
Our motivated vendors are eager to pursue new opportunities and are keen to finalize the sale. Don't miss this exceptional opportunity to enhance your investment portfolio with a solid, high-yielding asset.
To download the Property Files, copy and paste the below into a new browser: https://www.propertyfiles.co.nz/5526162
Licensed under the REA Act 2008
Mobile: +64 27 349 1997 |
Office: +64 3 375 4700 |
angela.webb@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 22 065 1587 |
Office: +64 3 375 4700 |
grace.bruere@bayleys.co.nz |
759sqm
land area
Income | The property is currently leased for $1,295 per week until November 2025 |
Location | Prime position, situated within a short walking distance from the University of Canterbury, this property consistently attracts a steady stream of student renters, ensuring minimal vacancies |
Parking | Off-street parking available for tenants |
Spacious | Seven bedrooms split over a configuration of three bedrooms and two bathrooms in the main house, two bedrooms and one bathroom in the sleepout, and two stand-alone sleepouts |
21 Piko Crescent, Riccarton
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 349 1997 |
Office: +64 3 375 4700 |
angela.webb@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 22 065 1587 |
Office: +64 3 375 4700 |
grace.bruere@bayleys.co.nz |
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