AH Team Bayleys Canterbury residential real estate Christchurch NZ

2/265 Riccarton Road, Riccarton

  • 138 sqm
  • 4
  • 2
  • 1

Ilam Mews - premium investment opportunity

Property ID: 1659191

Asking Price $1,085,000

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.

These four-bedroom, two-bathroom terrace homes are designed for the way students want to live, combining private bedrooms with shared living in a secure, professionally managed environment. Spanning 56-59sqm, they offer investors exposure to a high demand sector backed by growing enrolments and limited supply.

Features include:
• Guaranteed rental return of up to 5.79% p.a.
• Backed by a head lease covering the first academic year
• Professionally managed and leased to selected students
• Four-bedroom, two-bathroom layout
• Fully furnished turnkey investment
• 700m from the University of Canterbury
• Landscaped courtyards and communal pavilion
• Secure gated community with on-site management
• Secure on-site car parking available for purchase

Whether you’re investing for income or securing future accommodation for a child attending university, Ilam Mews offers a smarter alternative to paying rent. Generate income today, provide accommodation when needed, and retain a quality investment asset long after graduation.

Set within one of the last significant development sites in Christchurch’s student precinct, Ilam Mews combines location, income security and long-term investment potential in a purpose-built offering designed for modern student living.

ilammews.co.nz

To download the information pack for this property, please copy the below link into your web browser: http://www.propertyfiles.co.nz/property/5531871

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