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Riccarton

17 Paeroa Street, Riccarton, Christchurch

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449sqmย Land area SQM
5ย Bedrooms
1ย Lounges
2ย Bathrooms

For Sale by Negotiation

Invest in bricks and mortar


This 1940s brick build is low maintenance at its finest. Five evenly sized bedrooms sit at the front and rear of the property with the living room facing north and absorbing all the sunlight on offer.

Rented on a fixed-term contract for $645 per week until mid-November 2021.

All of the minor cosmetic work was completed post-quake and the drains were completely replaced in 2019.

Sitting proudly just off of the bell of Harrington Reserve, students love this location for its ease of access to the University of Canterbury, Riccarton Mall and Bush Inn.

- Five bedrooms
- Two bathrooms
- Open plan living
- 449sqm of TC2 RSDT land
- Dual access driveway with plentiful off-street parks

Our vendors have done well from this investment but are selling up and moving on. Time for you to move into their position and enjoy the cash flow they have enjoyed in their years of ownership.

Angela Webb

Angela Webb


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Cooper Stewart

Cooper Stewart


Bayleys Property Services Ltd,
Licensed under the REA Act 2008

Features

Cash flow


$645 per week will scope to improve

Location


in between Riccarton Mall, Bush Inn and the University of Canterbury

Low maintenance


solid red brick ex statehouse