AH Team Bayleys Canterbury residential real estate Christchurch NZ

1/265 Riccarton Road, Riccarton

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Invest where the future lives.

Property ID: 1659190

Asking Price $475,000

Ilam Mews is a landmark purpose-built student accommodation village positioned just 700 metres from the University of Canterbury. Developed by Mainland Capital, the community will comprise 155 unit-titled residences, including studio and one-bedroom apartments alongside four, five and six-bedroom terrace homes, all designed to meet the growing demand for high-quality student accommodation in Christchurch.

Within the village, these studio and one-bedroom residences offer a compelling turnkey investment opportunity. Ranging from 41-46sqm (approx.), they are thoughtfully designed for independent living and appeal to both domestic and international students seeking quality accommodation close to campus.

Features include:
• Guaranteed rental return exceeding 5.25% p.a.
• Backed by a head lease covering the first academic year
• Professionally managed ownership model
• Leased to carefully selected students
• Fully furnished and turn key – Enhancing appeal
• 700m from the University of Canterbury
• Landscaped courtyards, communal pavilion and resident amenities
• Secure gated community with on-site management

Whether you’re investing for income or planning ahead for a child attending university, Ilam Mews offers an alternative to years of paying rent. Generate income while the residence is tenanted, provide accommodation during their studies, then retain a quality investment asset long after graduation.

Set across one of the last significant development sites within Christchurch’s student precinct, Ilam Mews combines a prime location, growing student demand and a professionally managed investment model designed for long-term performance.

ilammews.co.nz

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