3A Memorial Avenue, Ilam, Canterbury

3A Memorial Avenue, Ilam, Canterbury Potential 6.5% Gross Yield

Make your move now and unlock the potential of this purpose-built investment property, tailor-made for a lucrative long-term rental income or accommodating extended or blended family living. Situated in a sought-after locale near excellent educational institutions such as Burnside High, Christchurch Boys and Christchurch Girls High Schools, as well as within walking distance to the university, this dwelling offers unparalleled convenience. Moreover, with Fendalton Mall just a stone's throw away, all essential amenities are within easy reach.

Designed for rental purposes, this property comprises 7 well proportioned bedrooms, including three with access to balconies, and two bathrooms. The primary open-plan kitchen/dining/living space seamlessly integrates with a private, low-maintenance, sun-drenched front yard. Furthermore, there exists the option to repurpose two of the bedrooms into additional living areas, catering perfectly to larger families.

Prioritizing comfort, the residence boasts double glazing, heated ceilings, a heat pump, and ducted central heating upstairs, ensuring a snug ambiance throughout the year. Forward-thinking features include the installation of 16 solar panels for cost-effective power generation. Freshly carpeted and meticulously maintained, the property also offers an internally insulated and carpeted double garage, alongside good off-street parking.

Having yielded a lucrative weekly rental income for several years, the current owner, due to a change in circumstances, is now eager to sell. This presents a rare opportunity for astute investors or families in pursuit of their new home or investment. Don't miss out on this golden opportunity, ring Sandy for further information or view at our open homes.