165A Peverel Street Riccarton, Christchurch City

Discover this delightful villa, divided into two separate, consented flats. Over the years, our current owners have carefully maintained this property, which has rewarded them with excellent rental returns. However, the owners' instructions are clear: Now is the time to liquidate this asset. With its advantageous Riccarton location, this property has experienced no shortage of demand from renters.

Property Highlights
• Two separate flats compliant with Healthy Homes, each with a detached single garage
• One is currently rented, providing immediate cash flow
• The other is vacant and ready for new tenants

Additional Features
• Strong rental demand in the area
• Walking distance to Canterbury University
• Zoned for Christchurch Girls & Boys High Schools
• Opportunity to further increase value with renovation

While the current owners have consistently rented out both flats, this does not stop you from living in one and renting the other or living in one and providing independent living for family or friends in the other.

Large retail and hospitality options surround the area, which includes Westfield Mall, Tower Junction, Bush Inn Center, and Church Corner Mall. Addington Raceway and Canterbury University are nearby, and the South Express Cycleway passes by the property.

With so many choices, falling in love with this opportunity will be easy. The owners are ready to sell, so be the next savvy investor to reap the rewards.

VIEWING BY APPOINTMENT

To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39494