6 Octavius Lane, Upper Riccarton, Christchurch City, Canterbury, 8042, New Zealand
This versatile property is perfect for both growing families and investors looking for a rental opportunity.
For families, this spacious home offers plenty of room to accommodate a growing household. With its clever configuration and generous floor area, there is ample space for everyone to enjoy. The property initially featured two bedrooms upstairs and two bedrooms downstairs, providing convenience and privacy. However, the current arrangement has utilised the lounge as a fifth bedroom.
Investors will also find great potential in this property. Currently used as a rental investment, it generates a solid income of $780 per week. Moreover, a projected appraisal estimates that the rental income will increase to approximately $880 – $900 per week next year. This makes it an attractive opportunity for investors seeking a lucrative rental property.
One of the unique features of this property is its direct access to Holmes Park. The property backs onto the park, providing a wonderful bonus for both families and outdoor enthusiasts.
Conveniently located near Church Corner and the Bush Inn Shopping Centre, this property provides easy access to supermarkets and a range of amenities. It ensures that daily essentials are within reach, making life more convenient for both families and tenants.
