Sold
53 South Belt,
Lincoln, Selwyn District
NZD 794,000
Property details
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Agents
Ray White Town & Lifestyle: Town & Lifestyle Real Estate Ltd Licensed (REAA 2008)
10/70 Rolleston Drive, Rolleston Selwyn District 7614
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Chattels
- Rangehood
- Dishwasher
- Light Fittings
- Drapes
- Garden Shed
- TV Aerial
High Performing Investment Property
PROPERTY FILES:
https://www.propertyfiles.co.nz/property/53SouthBelt
Positioned just a short walk from the heart of Lincoln township, this high-performing investment property presents a rare and rewarding opportunity for savvy investors. Owned for the past 14 years, this home has consistently delivered strong returns, with no vacancy throughout its ownership - a testament to its desirability and reliability as a rental.
Currently securing $900 per week, the property is tenanted under a fixed-term lease until November 2025, with tenant interest already expressed in renewing for another year - ensuring continued income stability. A recent rental appraisal estimates the weekly return between $900-$1,000, reflecting strong ongoing demand in the area.
Significant recent upgrades include full double glazing (excluding conservatory) and a new ColourSteel roof, with over $100,000 invested to modernise and futureproof the home. These enhancements contribute to a warmer, healthier living environment and a refreshed exterior appeal. Fully Healthy Homes Compliant, this six-bedroom, two-bathroom residence (including a master ensuite and an additional separate toilet) is designed for functionality and comfort.
The spacious lounge, complete with a log burner, offers a cosy communal hub, while the separate kitchen, dedicated dining area, and full laundry room ensure practical everyday living.
Outside, the property boasts excellent parking and storage with a double garage with dual doors, attached carport, and additional on-street parking - ideal for multi-tenant use.
Whether you're expanding your portfolio or seeking a high-yield, low-hassle addition, this well-maintained, tenant-secured property in a fast-growing township is one not to be missed.
https://www.propertyfiles.co.nz/property/53SouthBelt
Positioned just a short walk from the heart of Lincoln township, this high-performing investment property presents a rare and rewarding opportunity for savvy investors. Owned for the past 14 years, this home has consistently delivered strong returns, with no vacancy throughout its ownership - a testament to its desirability and reliability as a rental.
Currently securing $900 per week, the property is tenanted under a fixed-term lease until November 2025, with tenant interest already expressed in renewing for another year - ensuring continued income stability. A recent rental appraisal estimates the weekly return between $900-$1,000, reflecting strong ongoing demand in the area.
Significant recent upgrades include full double glazing (excluding conservatory) and a new ColourSteel roof, with over $100,000 invested to modernise and futureproof the home. These enhancements contribute to a warmer, healthier living environment and a refreshed exterior appeal. Fully Healthy Homes Compliant, this six-bedroom, two-bathroom residence (including a master ensuite and an additional separate toilet) is designed for functionality and comfort.
The spacious lounge, complete with a log burner, offers a cosy communal hub, while the separate kitchen, dedicated dining area, and full laundry room ensure practical everyday living.
Outside, the property boasts excellent parking and storage with a double garage with dual doors, attached carport, and additional on-street parking - ideal for multi-tenant use.
Whether you're expanding your portfolio or seeking a high-yield, low-hassle addition, this well-maintained, tenant-secured property in a fast-growing township is one not to be missed.
Explore the area
School catchments
- Lincoln Primary School Full primary Years 1-8 State 0.57km
- Lincoln High School Secondary Years 9-15 State 0.71km
- Ararira Springs Primary- Te Puna o Ararira Full primary Years 1-8 State 0.88km
- Broadfield School Full primary Years 1-8 State 4.6km
- Ladbrooks School Full primary Years 1-8 State 4.6km
- Springston School Full primary Years 1-8 State 4.8km
- Tai Tapu School Full primary Years 1-8 State 5.7km
- Te Rōhutu Whio Full primary Years 1-8 State 7.4km
- Prebbleton School Full primary Years 1-8 State 7.6km
- Lemonwood Grove School Full primary Years 1-8 State 8.3km
- Rolleston Christian School Full primary Years 1-8 State integrated 8.4km
- Rolleston College Secondary Years 9-15 State 8.9km
- Te Kura o te Tauawa Halswell School Full primary Years 1-8 State 8.9km
- Knights Stream School- Mingimingi Hautoa Full primary Years 1-8 State 9.0km
- Clearview Primary Full primary Years 1-8 State 9.3km
- Te Rau Horopito Full primary Years 1-8 State 9.3km
- Rolleston School Full primary Years 1-8 State 10.1km
- Aidanfield Christian School Composite Years 1-15 State integrated 11.1km
- Hornby High School Secondary Years 7-15 State 12.0km
- Te Kura Tuarua o Horomaka Hillmorton High School Secondary Years 7-15 State 12.7km
- St Thomas of Canterbury College Secondary Years 7-15 State integrated 13.3km
- Riccarton High School Secondary Years 9-15 State 13.5km
- TKKM o Te Whanau Tahi Composite Years 1-15 State 13.5km
- Middleton Grange School Composite Years 1-15 State integrated 13.9km
- Cashmere High School Secondary Years 9-15 State 14.1km
- Villa Maria College Secondary Years 7-15 State integrated 14.3km
- Christchurch Boys' High School Secondary Years 9-15 State 15.9km
- Te Puna Wai o Waipapa - Hagley College Secondary Years 9-15 State 16.1km
- Hillview Christian School Composite Years 1-15 State integrated 16.5km
- Christchurch Girls' High School -Te Kura o Hine Waiora Secondary Years 9-15 State 16.6km
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.
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Contact Rowan Shepherd
Contact Rowan Shepherd
Rowan Shepherd
53 South Belt , Lincoln 7608
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Rowan Shepherd
53 South Belt , Lincoln 7608