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47 West Belt,
Lincoln, Selwyn District

6 bedrooms
2 bathrooms
140m² building size
House

NZD 764,000

Property details

Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Light Fittings
  • Floor Covers
  • Blinds

Rock Solid Investment

Property Files:
https://www.propertyfiles.co.nz/47WestBelt

For over 25 years, this property has been a rock-solid performer in the same portfolio and not once has it stood empty. From the 1990s to today, it has delivered consistent returns and remained a highly sought-after rental, a testament to both its size and its prime location in the heart of Lincoln.

With six bedrooms and a functional floor plan, it's no surprise this home has never been short of demand. Currently returning $860 per week with a tenancy in place until November, the potential is clear to lift this figure into the $900-$1,000 per week range moving forward.

Well cared for and steadily upgraded, the home has seen thoughtful improvements over the years including:

- Re-Plumbed

- Upgraded wiring & new fuse board box

- LED lighting throughout

- Fresh carpet & blinds

The layout is practical and appealing, featuring a separate lounge plus open-plan living area, two bathrooms, and a separate laundry.

Location is everything and this property is just a short walk to Lincoln University, the town centre, local cafes, shops, walkways and reserves, making it an incredibly attractive option for both students and families alike.

Added value comes with the included chattels: fridge/freezer, washing machine, dishwasher, and stove ensuring it's ready for tenants or family use from day one.

This is more than just a property - it's an opportunity to step into a proven income earner with an unrivalled rental history and room to grow. Properties of this scale and track record in Lincoln are rarely available, making this a smart addition to any investment portfolio.

Explore the area

Static map image for property View in Google Maps

School catchments

  • Lincoln Primary School Full primary Years 1-8 State 0.82km
  • Ararira Springs Primary- Te Puna o Ararira Full primary Years 1-8 State 1.0km
  • Springston School Full primary Years 1-8 State 4.5km
  • Broadfield School Full primary Years 1-8 State 4.7km
  • Ladbrooks School Full primary Years 1-8 State 5.0km

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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