42 Newnham Terrace, Ilam, Christchurch City, Canterbury

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
• Generating approximately $2800 weekly rental income.
• Featuring nice 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.
• 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!

Work-in availability is considered on a case-by-case basis. Please reach out to discuss further.