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Addington

141 Lincoln Road, Addington, Christchurch

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6 Bedrooms
1 Lounges
2 Bathrooms
494sqm Land area SQM

Immediate Returns - Student Rental


Price by negotiation

This spacious investment property situated on 494sqm (more or less) of freehold land presents an outstanding opportunity for investors seeking immediate and reliable income. Tenanted at $1,110 per week until December 2026, the property delivers strong and stable rental returns from day one, making it a valuable addition to any investment portfolio.

•Tenanted at $1,110 per week until December 2026
•494sqm (more or less) freehold section
•Six large double bedrooms
•Spacious open-plan living with two heat pumps
•Two bathrooms, each with shower, vanity, and toilet
•Off - street parking for up to six vehicles
•Medium Density Residential zoning

Featuring six generously sized double bedrooms, the home is designed for comfortable living and long-term tenant appeal. The open-plan living area includes two heat pumps for year-round comfort and flows seamlessly through sliding doors to a private lawn area, ideal for relaxing or entertaining.

The modern kitchen is well-appointed and functional, while two contemporary bathrooms, each fitted with a shower, vanity, and toilet provide the convenience and comfort tenants expect in a expect in a rental.

Positioned on Medium Density Residential zoned land, the property also offers potential for future development or land banking. Off-street parking is generous, with space for up to six vehicles.

The owners are motivated to achieve a result quickly, with future plans already underway.

To download the Property Files, copy and paste the link below into a new browser: https://www.propertyfiles.co.nz/5530064

For Sale by Negotiation
Angela Webb

Angela Webb

Residential, Investment and Development Sales

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Grace Bruere

Grace Bruere

Residential and Investment Sales

Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Potential


494sqm (more or less) of Medium Density Residential zoned land, ideal for land banking and future development

Income


Currently leased for $1,110 per week until December 2026, this property offers immediate income from day one

Parking


Generous off street car parking available for all tenants

Construction


Brick cladding makes for an easy care and low-maintenance rental

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