30 Doncaster Street, Sockburn, Christchurch

High return investment, student accommodation

Auction (unless sold prior)
3 Deans Ave, Chch
From 12pm, Thu 25 Sep 2025

A family investment, all with different plans for the future time to cash up so this must go.

Positioned in the ever-popular student rental market, this six-bedroom, two-bathroom home presents a rare opportunity to secure a high-yield investment with tenants already in place through to December 2026.
Currently returning $1,065 per week and re-tenanted at $1,125 per week from December 2025, this is an investment that works from day one. With professional management in place, you will enjoy peace of mind while benefiting from strong returns.
Adjacent to a reserve and located in Upper Riccarton (Sockburn side), the property offers easy access to the University of Canterbury, public transport, and local amenities, making it an ideal choice for student tenants.
Property Features
• Six bedrooms, four downstairs, two upstairs
• Two bathrooms plus separate toilet
• Large laundry
• Double garage with cobblestone driveway
• Fenced 637sqm (TC1 zoned) section
• Potential to upgrade and increase returns
• Solid ongoing tenancies under one standard tenancy agreement (not room-by-room)
Investment Highlights
• Returning $1,065 per week until December 2025
• New tenancy secured at $1,125 per week through December 2026
• Long-term, professionally managed tenancy
• Proven student rental location
• Strong landholding in TC1 zoning
This property represents a rare combination of immediate cashflow, secure long-term tenancy, and potential to further add value through modernisation. It is simply better than money in the bank.

Please copy and paste this website address into your internet browser to download the property file: https://www.propertyfiles.co.nz/5528178