In the Heart of the Tertiary Education Precinct...


69 Parkstone Avenue, Ilam

Asking Price NZD $680,000

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In the Heart of the Tertiary Education Precinct... | 69 Parkstone Avenue, Ilam | 517564 |      X Close
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In the Heart of the Tertiary Education Precinct...


Located within a stone's throw of the College of Education and just a five minute stroll to the University of Canterbury, this substantial, two storey home boasts eight bedrooms plus a further small study/single bedroom. There are two bathrooms, a separate toilet, large laundry and spacious open-plan kitchen, dining and living areas. Set on an attractive tree-lined street within a peaceful family orientated neighbourhood, the family sized section is a generous 696sqm of desirable TC1 land. Having owned the property for the past six years while his daughter was studying at Canterbury University, the current owner has realised excellent returns and with demand for student/rental accommodation within the area at an all-time high, there is potential to achieve an exceptional return on your investment. If you have teenage children in search of quality accommodation for the next academic year, this property presents a fantastic opportunity to provide the best possible location for your own children whilst enjoying an excellent rental return from the remaining bedrooms. Fully insured and with an EQC cash settlement for $15,973.65 available for transfer to the new owners.