11 and 11A Huia Street, Riccarton

Urgent sale – buy one or buy both

11 Huia St – Negotiable over $475,000

11 and 11a Huia St – Negotiable over $1,200,000 for both properties

Enhance your investment portfolio with this exciting project, with the opportunity to buy one or both properties. With student accommodation in high demand here is an opportunity to purchase one or both and increase the bedrooms number to gain the maximum cashflow and equity gains.

11 Huia Street was built in the 1940s and includes three bedrooms plus sleepout, one bathroom, a single garage, perfect for extra income. This property is currently tenanted on a periodic basis, generating $500 per week and can be made vacant. Scope to add extra accommodation and value as a student rental. The property can be made vacant.

11A Huia Street, located at the rear, comprising of three bedrooms, two lounges, and a well-appointed bathroom. It also includes a double garage, providing ample storage space. This residence is currently leased on a periodic basis for $650 per week and can be made vacant. Scope to convert garaging and create a 6 bedroom student rental.

• Two houses on two separate titles, option to buy one or both
• Combined rental income of $1,150 per week
• Two freehold titles, totalling 1,017sqm (more or less) of TC2, RSDT-zoned land
• Conveniently located near the University of Canterbury, Westfield Shopping Mall, local bus routes, supermarkets, and bars
• Scope to add value and extra accommodation to maximise rental income.

Whether you are seeking to expand your portfolio, generate consistent rental income, or as a project, these individually titled properties are must-see, our owners have moved on to their next project and are committed to selling quickly.