This seven-bedroom, seven-bathroom home, with good off-street parking, is sited on a freehold title and has produced a solid return for the vendor for the last 12 years since new.

Located close to the city within a popular location for tenants and with easy access to public transport, the orbiter and purple bus lines are both a minutes' walk away. The dwelling is sited on 212sqm of Residential Medium Density land.

In summary

- Seven double bedrooms all with ensuites

- A minutes' walk to main bus routes

- Close to the city centre

- Rented at $950 per week

- Two-year lease

- One tenancy

With a 7% gross return and within an area with changes underway and situated so close to the ever-growing inner city it makes this a perfect opportunity for an investor to pick up now and enjoy the cash flow and potential capital growth over the coming years.

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https://propertyinvestmentchristchurch.co.nz/1-65-barbour-street/