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1/106 Ruskin Street,
Addington, Christchurch City

3 bedrooms
1 bathroom
2 car spaces
House

Price withheld

Property details

Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Heated Towel Rail
  • Blinds
  • Drapes

OWNERS CHANGING DIRECTIONS: CASH-FLOW 3-BED

The mandate is clear: this property must be sold. With the owners pivoting to a new direction, this is a prime opportunity for a savvy investor to secure a high-performing asset in New Zealand's top-performing city.

Located in a high-demand rental pocket just 3km from the new One New Zealand Stadium, this spacious townhouse offers the rare "trifecta" of investing: Location, Size and Garaging, and Massive Value-Add Potential.

The Investment Edge
High-Yield Potential: Designed for a cash-flow positive return from day one. This is a rare "set and forget" high-yield asset.
Strategic Location: Prime city-fringe positioning under 3km from Hagley Park and the CBD-areas seeing unprecedented capital growth and rental demand.
The Scarcity Factor: One of only three units, featuring a rare internal access double garage plus off-street parking. In this location, parking equals premium rent.
Proven Layout: Three genuine double bedrooms and a "Jack and Jill" bathroom ensure appeal to professional tenants or flat mates, maximizing your yield.
Seamless Flow: Large open-plan living and a private, north-facing courtyard provide the lifestyle features that keep vacancy rates at zero.

The Details
Infrastructure: Immediate access to the Southern Motorway for easy commuting. And a short drive, bike or even walk to the city centre.
Configuration: 3 Double Bedrooms | 1.5 Bathrooms, including a downstairs toilet | 2+ Car Parking.
Motivation: 100%. The owners have committed elsewhere; there is no Plan B.

Investor Note: With the city outperforming the rest of the country, the new One NZ Statium only a couple of months from opening, now is the time buy and receive potential positive cash-flow. With this property offering the potential of a cash-flow positive investment.

Delay will result in disappointment. This asset will change hands-ensure it's into yours.

To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39995

rwmetro.co.nz/MET39995

Explore the area

Static map image for property View in Google Maps

School catchments

  • Christchurch South Karamata Intermediate School Intermediate Years 7-8 State 0.71km
  • Addington Te Kura Taumatua Primary Years 1-6 State 0.87km
  • Ao Tawhiti Unlimited Discovery Composite Years 1-15 State 1.3km
  • Sacred Heart School (Christchurch) Full primary Years 1-8 State integrated 1.3km
  • St Michael's Church School Full primary Years 1-8 Private 1.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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