16 Sayers Crescent, Ilam

Excellent student rental in Ilam

Price by negotiation

Welcome to an exceptional investment opportunity in Ilam. This property offers an attractive, hassle-free venture with significant profit potential. Featuring seven bedrooms and three bathrooms (two separate toilets), it is ideally suited for generating substantial rental income. The low-maintenance exterior ensures maximum returns with minimal effort, making this residence a prime cash flow investment.

A smooth rental transition is promised with the property currently leased at $1,435 per week on a fixed term tenancy until January 2025. While a new lease is signed for $1,435 per week and will commence January 2025 through to January 2026.

• Seven generous bedrooms, designed to accommodate a thriving rental community
• Three bathrooms and two separate toilets.
• Large floor area of 270sqm (more or less)
• Currently leased for $1,435 per week on a fixed term tenancy until January 2026
• 520sqm (more or less) of freehold, TC1, Residential Suburban zoned land,
• Single garage included
• Primely located near the University of Canterbury

This property offers a compelling combination of reliable rental income and significant potential for future capital growth. With existing tenants providing immediate cash flow and a new lease locked in for the 2025 – 2026 student year, this secure opportunity is not to be missed.

Secure this outstanding investment today and enjoy the benefits of a sound and profitable addition to your portfolio.