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The property offers an opportunity to secure a highly coveted four-bedroom student flat in the heart of campus at a conservative entry level price. Four-bedroom properties are some of the easiest to rent due to the rarity of this size available to tenants, and the property manager has stated little effort is required to attract tenants every year.
This particular flat has enjoyed modern renovations in recent times and the property has a comfortable, warm feel to it, enhanced by the positive pressure ventilation system to keep the property and tenants dry and warm.
The flat is rented for 2019 at $520 per week, and is being advertised for an increase in rent for 2020 at $540 per week, but a new owner could still purchase this for their own offspring for next year if secured soon.
•4 Bedrooms including sleepout
•Current rental income of $520 per week
•Close proximity to campus, cafes and amenities
To view a 3D Virtual Tour of the property, click on the link above.
For a full Colliers Information Memorandum and additional property documentation, please go to www.colliers.co.nz/212867 and download from our "DATAROOM" button (on desktop version only, not mobile).
Viewings are by appointment only with the Broker.
Other investment options at www.colliers.co.nz/student-investment