82B Avonhead Road, Avonhead

“As is where is” – Students’ Subdivision consent

Auction (unless sold prior)
12pm, Thu 10 April 2025
3 Deans Avenue, Christchurch 8011

The property is sold on an “as is, where is” basis, with earthquake repairs requiring a willing buyer for completion, or complete the subdivision and build, options aplenty. It features five generously sized bedrooms, three living spaces, three bathrooms, a double internal access garage, and ample off-street parking. Fully consented to subdivide into two sites, giving a wealth of possibilities awaiting exploration.

Currently leased under a fixed-term tenancy until November 2025, the property generates a steady rental income of $900 per week, with the potential for rental growth at the start of the next tenancy. Ideally located within walking distance or a short drive from the University of Canterbury, this property consistently attracts student renters, ensuring minimal vacancy periods.

• Consented to subdivide the 1,270sqm (more or less) land
• Sold on an “as is, where is” basis
• Five spacious double bedrooms
• Current rental income of $900 per week
• Internal access double garage and ample off-street parking
• Opportunity to add additional rooms and increase income potential

The motivated vendor is eager to explore new opportunities and is committed to finalizing the sale on or before auction day. Don’t miss this outstanding chance to enhance your investment portfolio with a solid and profitable asset.

1,270sqm (more or less)
5
3
2

Open homes:

  • 11.00am – 11.30am, Sunday 6 April 2025
  • 3.15pm – 3.45pm, Wednesday 9 April 2025

Our Award Winning Team

Angela Webb

Angela Webb

027 349 1997

[email protected]

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...

View Profile

Grace Bruere

Grace Bruere

022 065 1587

[email protected]

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...

View Profile