Investment Opportunity Knocks!!!
37 Parkstone Avenue, Ilam, Christchurch City, Canterbury
Price by negotiation
- 6+ Beds
- 4 Baths
- 1 Living area
- 5 Off-street parking
|Capital value (CV)
5 off street
|Broadband in the area
Potential student accommodation. Nested in the heart of Ilam, this remarkable 12-bedroom property offers more than just space - it's a lucrative business opportunity waiting for you to seize. Whether you're a seasoned investor or an aspiring entrepreneur, this property is tailor-made for success. Key Features: - Business Ready - the groundwork has been laid for you. This property is set up for short and long-term individual rentals, allowing you to step in and start earning from day one. All compliance matters have been addressed, ensuring a smooth transition for you to take the reins - Revenue potential - With a current turnover of up to $2,800 per week, this investment property is a cash flow powerhouse. Imagine the returns on your investment as you capitalise on the demand for affordable, comfortable housing. - Individual power meters - each room is equipped with its own power-meter, giving tenants control of their own usage and provides a hassle-free billing process for you as the property owner - Furnished for convenience - Every room comes complete with essential furnishings, including a bed, bedding, fridge and microwave providing your tenants with everything they need for a comfortable stay - Secure & gated - Your investment is protected within a fully gated property, offering a secure living environment for your tenants. Off-street parking adds an extra layer of convenience, making it an attractive option for tenants with vehicles.
This is a rare opportunity to not only provide you with a successful running business, but also the added bonus of a standout property in a great location.
Our owners' circumstances have changed so an urgent sale is required.
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Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/CERA and we have not been able to verify the accuracy of the same.