20 Tyndale Place, Ilam

Sought after location, savvy investment

Price by negotiation

Situated in a highly coveted location just a short walk or drive from the University of Canterbury, this property encompasses 674sqm (more or less) of freehold, TC1 zoned Residential Suburban land. Offering two buildings, it provides comfortable accommodation comprising seven bedrooms and four bathrooms. The main house, constructed in the 1980s, features six double bedrooms, a tidy kitchen, and a sunlit living area Adjacent, the consented sleepout boasts one bedroom, with shower and toilet facilities.

• Main house is configured with six bedrooms and three bathrooms
• Sleep out is configured with one bedroom and one bathroom
• Large floor area of 290sqm (more or less) plus sleepout
• Triple garaging provides ample space for tenants’ storage needs
• 674sqm (more or less) of TC1, Residential Suburban zoned land
• Renting currently for $1,500 per week until January 2026
• Partially double-glazed
• Located close to the University of Canterbury

A smooth rental transition is promised with the property is currently leased at $1,500 per week on a fixed-term tenancy until January 2025. While a new lease is signed for $1,500 per week and will commence January 2025 through to January 2026.

The property presents an exceptional investment opportunity, ideally positioned for proximity to educational institutions and offering potential for future growth.