11 Huia Street - negotiable over $475,000
11 and 11A Huia Street - negotiable over $1,200,000 for both properties
Enhance your investment portfolio with this exciting project and the opportunity to buy one or both properties. With student accommodation in high demand here is an opportunity to purchase one or both and increase the bedroom numbers to gain the maximum cashflow and equity gains.
11 Huia Street was built in the 1940s and includes three bedrooms, one bathroom, a single garage and a sleepout onsite, perfect for extra income. This property is currently tenanted on a periodic basis, generating $500 per week and can be vacant. Scope to add extra accommodation and value.
11A Huia Street, located at the rear, comprising of three bedrooms, two lounges, and a well-appointed bathroom. It also includes a double garage, providing ample storage space. This residence is currently leased on a periodic basis for $650 per week and can be made vacant. Scope to convert garaging and create a six-bedroom student rental.
•Two houses on two separate titles, option to buy one or both
•Combined rental income of $1,150 per week
•Two freehold titles, totalling 1,017sqm (more or less) of TC2, RSDT-zoned land
•Conveniently located near the University of Canterbury, Westfield Shopping Mall, local bus routes, supermarkets, and bars
•Scope to add value and extra accommodation to maximise rental income
Whether you are seeking to expand your portfolio or generate consistent rental income, or as a project, these individually titled properties are a must-see, our owners have moved on to their next project and are committed to selling quickly.
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