Listed: Wed, 19 Mar

The Ultimate Investment Opportunity

42 Newnham Terrace, Ilam, Christchurch City, Canterbury

Price by negotiation

6+ Beds
6+ Baths
2 Living areas
256m² Floor
420m² Land

Other Features

6+ Separate toilets
2 Studies
4 Off-street parking
Home & Income potential

Attribute	Value
Property type	House
Parking	4 open spaces
Agency reference	HSS3847
Broadband in the area	Fibre, ADSL, VDSL, Wireless

Property files download link - https://www.propertyfiles.co.nz/42NewnhamTce

A Prime Location for Unmatched Returns Strategically positioned within walking distance of the University of Canterbury, 42 Newnham Terrace is a purpose-built, post-quake rental powerhouse. Designed to maximize both comfort and profitability, this high-yielding property is an ideal addition to any investment portfolio.

Modern Design & Functional Excellence

Contemporary cedar-clad exterior, offering both durability and aesthetic appeal.
Thoughtfully designed layout catering to tenant needs, ensuring high demand and strong occupancy rates. Versatile & High-Yielding Accommodation
Featuring six+ fully furnished ensuite bedrooms, each equipped with a bed, desk, and mini fridge-providing privacy and convenience for tenants.
Expansive shared spaces, including a well-equipped modern kitchen, an open-plan dining and living area, dedicated storage, and a separate laundry room.
Private, sun-filled backyard offering a relaxing retreat for residents. Exceptional Investment Performance
Consistently achieving occupancy rates of 95%+, ensuring steady rental income.
Generating approximately $146,000 in gross rental income annually.
Ideal for investors seeking a high-performing, low-maintenance property with strong returns. Unbeatable Convenience & Connectivity
Just minutes from Bush Inn Shopping Centre, cafes, supermarkets, and key transport links.
Four dedicated off-street parking spaces, with additional nearby street parking available.
Perfectly positioned in one of Christchurch's most sought-after rental locations.

42 Newnham Terrace offers a seamless combination of modern design, high tenant appeal, and strong financial returns. Whether you're looking to expand your portfolio or secure a robust income-generating asset, this property stands as a premier investment in Christchurch's thriving rental market.

Don't miss out-contact us today to arrange a viewing and secure this prime investment!