Skip to site navigation Skip to main content
main content
Grenadier Real Estate Ltd City, (Licensed: REAA 2008)
Jeremy Brown Jeremy Brown

37 Parkstone Avenue, Ilam

Price by negotiation

Listing Description

Listed: Tue, 28 Nov

Investment Opportunity Knocks!!!

37 Parkstone Avenue, Ilam, Christchurch City, Canterbury

Price by negotiation


  •   6+ Beds
  •   4 Baths
  •   1 Living area
Other Features
  •   5 Off-street parking
Property type
Capital value (CV)
5 off street
Agency reference
Broadband in the area Fibre, ADSL, VDSL, Wireless


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.

To download the property files, please copy and paste this link:

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.

Open home times

No times scheduled



Agent's details

Jeremy Brown

Jeremy Brown

View profile
Matthew Loose

Matthew Loose

View profile

Enquire about the property

Grenadier Real Estate Ltd City, (Licensed: REAA 2008)

Share this listing

New Welcome to the new-look Trade Me
Learn more