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Riccarton

30 Piko Crescent, Riccarton, Christchurch

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865sqmΒ Land area SQM
5Β Bedrooms
1Β Lounges
2Β Bathrooms
1Β Parking

For Sale by Negotiation

Investment for the future


Sold under the hammer

Sitting on 865sqm of prime Transitional land, with a healthy holding income, this property really is the pick of the bunch.

The main house has four sunny bedrooms and generous living space, both inside and out, the fifth bedroom is provided in a large sleepout. Plentiful off-street parking allows the students to focus on their studies rather than worrying about their car. There is also a single garage with access from Paeroa Street tucked discretely into the foliage.

Fully tenanted at $675 per week and fixed until the end of January 2022. This would be the ideal spot to grow your cash flow.

The property had an EQC claim made, however, there was no damage found and the property had no claims made against it post-quake and stands just as strong as it ever has. Sitting proudly in 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
- 865sqm of TC2 Transition Land
- Fully insured
- Prime student rental location
- 120sqm house plus a sleepout
- Enormous outdoor living spaces

Our vendor is selling out of residential investment property and this is the time for you to get into it yourself. With such a robust investment like this on the market, be quick to view, secure your future on the 24th June at the Investment Auction Day.

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

Income


cash flow of $675 per week

Land


holding income sustaining sited on 864sqm corner section in RSDT land

Location


perfectly positioned for the enjoyment of the tenants between the University of Canterbury, Riccarton Mall and Bush Inn