Discover a prime investment opportunity at 115 Carmen Road, Hei Hei, Christchurch. This modern brick home, constructed in the 1990s, offers four spacious bedrooms and two well-appointed bathrooms, providing comfort and functionality for tenants. The property includes a separate double garage, enhancing its appeal to a wide range of renters.
Currently, the property is secured with fixed-term tenants until September 2025, generating a steady rental income of $600 per week. This existing tenancy ensures immediate returns, making it an attractive proposition for investors seeking a hassle-free addition to their portfolio.
Situated in the well-established suburb of Hei Hei, the property enjoys proximity to a variety of amenities. The nearby Hub Hornby shopping centre offers a diverse selection of retail outlets, supermarkets, and dining options, catering to daily needs and leisure activities. For families, the area boasts reputable educational institutions, including Hornby High School and South Hornby School, ensuring quality schooling options within easy reach.
The property's construction reflects the architectural sensibilities of the 1990s, combining durability with a timeless aesthetic. The brick exterior ensures low maintenance, while the interior layout accommodates modern living preferences, making it a desirable residence for tenants.
In summary, 115 Carmen Road presents a compelling investment opportunity. With a solid rental yield, dependable tenants, and a strategic location near essential amenities, schools, and transport links, this property is well-positioned to deliver sustained returns and long-term capital growth.
