SOLD

59A and 59B Centennial Avenue, Riccarton

Student investment – buy one or both!

Available individually or double your rental income and buy both. Embrace a unique opportunity to enhance your investment portfolio with these exceptional dual-title properties. Positioned on two individual freehold titles, totalling 794sqm (more or less) of TC2 Residential Suburban Density Transition land, these properties feature two standalone houses of six bedrooms, six bathrooms each, offering a remarkable prospect for high-yield investments.

In a prime position, situated within a short walking distance from the University of Canterbury, this property consistently attracts a steady stream of student renters and working professionals, ensuring minimal vacancies and optimal rental return.

  • Buy one or both
  • 2008 modern purpose-built constructions
  • Six bedrooms each
  • Six bathrooms each
  • Open plan kitchen and living areas
  • Rental appraisal showing up to $1,350 per week (each)
  • Purchase Vacant or Tenanted
  • Fully furnished, providing a smooth transition for the new owner
  • Two freehold titles, totalling 794sqm (more or less) of TC2, RSDT land
  • Prime position, situated within a short walking distance from the University of Canterbury
  • Ample off-street car parking for tenants

 

Whether you are looking to expand your portfolio, or generate a consistent rental income, these purpose-built rentals are a must see. Our owners are in the process of divesting some of their assets, we have been clear instructions – get them sold. Make sure you chat with us about all purchase options prior to the auction. You can either purchase one or both, either vacant possession or with tenancies in place.

 

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Our Award Winning Team

Angela Webb

Angela Webb

027 349 1997

angela.webb@bayleys.co.nz

Angela Webb heads up Bayleys Canterbury’s residential investment division and a team of five like-minded sales professionals. With an extensive career in this very specialised sector...

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Grace Bruere

Grace Bruere

022 065 1587

grace.bruere@bayleys.co.nz

As an integral member of Angela Webb’s team, changing people’s lives for the better underscores everything Grace does. She loves nothing more than seeing the joy on her clients’ faces...

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