1-3/65 Acacia Avenue, Upper Riccarton
The Ultimate Student Investment
With a 2-year rental guarantee, including bed base, mattress and side table, this is a no brainier. Designed specifically for modern student living, 65 Acacia Avenue presents a truly unique investment opportunity unlike anything else currently available. Whether you’re a savvy investor or parents looking to secure quality accommodation for your children while they study, this purpose-built residence offers exceptional comfort, privacy, and long-term appeal. Positioned just moments from the University of Canterbury, it’s a property that ticks every box.
• Estimated rental return of between $72,000-$78,000 per annum
• Five generous bedrooms, each with a private ensuite
• One bedroom conveniently located downstairs
• Additional guest WC on the ground floor
• Ideal “Mum & Dad” investment opportunity
• Exceptional rental appeal near the university
• Low-maintenance construction for easy ownership
• Spacious communal living and entertaining areas
• North facing for optimal sunshine & light
• A stones throw from Middleton Park
• Easy access to public transport and Christchurch CBD
• 1 allocated carpark per unit & secure bike storage
• Completion late August with settlement to be expected late September
Opportunities like this are exceptionally rare. Combining a sought-after location with a thoughtfully designed layout that prioritises privacy and functionality, this is an investment built for strong demand today and well into the future. A 10 Minute walk to all the amenities at Church Corner, which includes a supermarket, fruit and vege shop, and multiple restaurants giving you plenty of dining options. Whether expanding your portfolio or securing accommodation for the years ahead, this is one you won’t want to miss.
*Please note terms and conditions of the rental guarantee apply.
To download the property files, copy & paste the following link: https://www.propertyfiles.co.nz/property/RX5199502
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