As Is, Where Is - Dual Income Opportunity
Deadline Sale Wed 4th Nov 2026, 1.00pm | Negotiation over $500,000
Offering flexibility, dual income and value-add potential, this property is ideal for investors, renovators or buyers seeking their next project.
Situated on a generous 574sqm (more or less) TC2, RSDT-zoned site, the property comprises a three-bedroom main home and a separate two-bedroom cottage, currently generating a combined $990 per week in rental income.
The main dwelling features three bedrooms with built-in wardrobes, an ensuite, a family bathroom, separate laundry and a spacious kitchen flowing through to the dining and living area. At the rear, the self-contained cottage offers two bedrooms, a bathroom, laundry and open-plan kitchen and living, providing excellent flexibility for dual-income living.
Conveniently located just a short drive or an easy stroll from Ara Institute of Canterbury, The Tannery and the Port Hills, the property is also close to shops, cafés, schools, parks and public transport.
• Dual-income investment returning $990 per week
• Three-bedroom main home plus separate two-bedroom cottage
• Two kitchens and open-plan living areas
• Generous 574sqm (more or less) TC2, RSDT-zoned site
• Scope to renovate, modernise and add value
• Convenient access to amenities and wider Christchurch
The property is being sold on an as is, where is basis due to floor levels being outside MBIE guideline tolerance. Buyers are advised to undertake their own due diligence regarding the floor levels, repairs, insurance and overall condition. The vendors' insurance expires shortly, and purchasers should make their own enquiries regarding future insurability.
Our vendors are committed to their next move and are clear that this property must be sold. If you're seeking a dual-income investment with scope to add value, this is an opportunity worth exploring.
Please contact agents for private viewing times outside of open home times as this property is fully tenanted.
To download the property files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/5532061
Offering flexibility, dual income and value-add potential, this property is ideal for investors, renovators or buyers seeking their next project.
Situated on a generous 574sqm (more or less) TC2, RSDT-zoned site, the property comprises a three-bedroom main home and a separate two-bedroom cottage, currently generating a combined $990 per week in rental income.
The main dwelling features three bedrooms with built-in wardrobes, an ensuite, a family bathroom, separate laundry and a spacious kitchen flowing through to the dining and living area. At the rear, the self-contained cottage offers two bedrooms, a bathroom, laundry and open-plan kitchen and living, providing excellent flexibility for dual-income living.
Conveniently located just a short drive or an easy stroll from Ara Institute of Canterbury, The Tannery and the Port Hills, the property is also close to shops, cafés, schools, parks and public transport.
• Dual-income investment returning $990 per week
• Three-bedroom main home plus separate two-bedroom cottage
• Two kitchens and open-plan living areas
• Generous 574sqm (more or less) TC2, RSDT-zoned site
• Scope to renovate, modernise and add value
• Convenient access to amenities and wider Christchurch
The property is being sold on an as is, where is basis due to floor levels being outside MBIE guideline tolerance. Buyers are advised to undertake their own due diligence regarding the floor levels, repairs, insurance and overall condition. The vendors' insurance expires shortly, and purchasers should make their own enquiries regarding future insurability.
Our vendors are committed to their next move and are clear that this property must be sold. If you're seeking a dual-income investment with scope to add value, this is an opportunity worth exploring.
Please contact agents for private viewing times outside of open home times as this property is fully tenanted.
To download the property files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/5532061
Key features
Investment
Dual-income investment, generating $990 per week total over two, fixed term tenancies
Section
Situated on 574sqm (more or less) of RSDT zoned land, the property lends itself well to land banking for potential future development
Rental appraisal
Fully tenanted and generating a high and consistent income
