First National Progressive
Real Estate Agents
- Listing #:
- L38868123
- Listed:
- 22 days ago
AUCTION 2pm 5th March 2026 (unless sold prior)
Thu 5th Mar 2:00pm
Proven Student Investment Opportunity Zoned RMD
46 Rountree Street, Ilam, ChristchurchResidential House
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- 4 Bedrooms
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- 1 Bathroom
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- 2 Car Garages
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- 675m2 Land Area
About this property
A long standing favourite in the university rental market, 46 Rountree Street offers steady income in a location that tenants consistently seek out. Zoned Medium Density Residential, it also carries appealing future potential for those thinking beyond today. With a secure tenancy in place until 29 November 2026, it delivers reliable returns from day one.Inside, the open plan kitchen dining and living area anchors the home and keeps everyday living straightforward for tenants. The large separate lounge is currently being used as a fourth bedroom, a setup that works well for student groups and helps maximise return. If more living space is preferred, the layout can easily revert to three bedrooms with two living areas. Double glazing teamed with a heat pump keeps the home comfortable across the seasons.
The outdoor spaces are simple and practical. Easy care gardens and a generous fenced section offer privacy and room to spread out. The double garage adds real value and includes an external storage room perfect for bikes, sports gear or anything else that comes with flatting life. Extra off street parking further boosts its appeal in an area where parking is always in high demand.
With its solid 1950s construction, TC1 land status, RMD zoning, and unbeatable proximity to the University of Canterbury, transport options and everyday amenities, this property continues to perform strongly and remains a smart long term investment.
AUCTION 2pm Thursday 5th March 2026 (unless sold prior) - In Rooms: 1 Wentworth Street, Ilam, Christchurch
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Disclaimer: Please be aware that this information has been sourced from third parties. View our property information disclaimer here: fnproperty.co.nz...
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