19 Tika Street, Riccarton, Christchurch City, Canterbury

BY NEGOTIATION

Property Files: https://www.propertyfiles.co.nz/19TikaStreet

Please note the 140sqm is only the main house, it does not include the garage and the two separate sleepouts.

Welcome to 19 Tika Street, an outstanding investment opportunity generating $1,140 per week in rental income. This student rental is strategically positioned to deliver strong immediate returns while offering exceptional long-term land-banking potential.

Prime Location Situated in a sought-after area, this home is just a short, flat stroll or drive to the University of Canterbury, Riccarton Mall, Church Corner, and an array of local amenities—ensuring its enduring appeal to student tenants.

Property Highlights

• Main House: Features four spacious double bedrooms, an updated kitchen, and a sunny living area.
• Sleepouts: Two separate units at the rear, each with its own ensuite, adding flexibility and additional rental appeal.
• Ample Storage & Parking: A double garage provides excellent storage, while multiple off-street parking spaces cater to tenant needs.

Key Details

• 711 sqm, TC2, RSDT-zoned land.
• Fully insured, with EQC repairs completed.
• Builder’s report and council file available for review.
• Fixed-term tenancy until 21 November 2025, ensuring a reliable income stream of $1,140 per week.

Additional Benefits This HOME offers both immediate income and future potential, making it an ideal choice for investors seeking proximity to educational institutions and strong growth prospects.

Viewing by appointment only - please contact Kieren to arrange a suitable time to view this exceptional property.

The owners are motivated, and this opportunity will not last long. Secure your investment future with 19 Tika Street—a property that truly speaks for itself!