54 Peer Street, Upper Riccarton, Christchurch

Student Investment 7% plus

For Sale - Price by Negotiation

View - By appointment

Six bedroom rental with four bedrooms within the main house and two additional freestanding sleepouts. The home is situated minutes from the University and handy to Riccarton shops and food outlets. The recently upgraded kitchen has stainless steel appliances and a dishwasher plus a sliding door opening onto a deck area and the large backyard. The two separate sleepouts are positioned at the rear and overlook the large yard, there is a single garage on the property as well. Set up as a student rental the house has a main bathroom with shower over bath and a second shower in the laundry room and a separate toilet. The home is insulated, to healthy home standard, heated by a heat pump and has a DVS ventilation system. Current rental per week is $810 with an increase in place to $840 per week for the next lease beginning in February 2020 and through to February 2021, professionally managed by A1 property management who would be keen to continue.

Summary:
- Six bedroom rental
- Four in house
- Two sleepouts
- Two showers plus separate toilet
- Heat pump and DVS system
- TC1 land
- Quiet Street close to Uni
- Rental $810 per week till 04/02/2020
- Increased to $840 per week till 02/02/2021

If you're looking for a high yielding investment with consistent tenant supply then this has to be of interest.

We have five other 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.

Please contact Angela Webb or Kate Mullins for more information or to arrange a viewing.

Find out more about us at www.propertyinvestmentchristchurch.co.nz.

To download the information pack copy and paste the below link into a new browser:
http://propertyinvestmentchristchurch.co.nz/5511228-2/