Description

15 Olivia Street, Rolleston—an absolute steal at this price! Making it one the cheapest 4-bedroom home currently available in Rolleston.

This low-maintenance, near-new property is a standout investment in Rolleston, the fastest-growing town in Canterbury. With reliable tenants in place and potential for both rental and capital appreciation, it offers an appealing entry point into one of the region’s most promising areas.

Key Features:

Prime Location: Situated in Rolleston, within walking distance to schools, recreational facilities, and close to shopping and industrial areas.

Modern Build: A 4-bedroom, 2-bathroom home with an internal access garage, completed in 2021—designed for durability and ease of maintenance.

Solid Rental Return: Currently rented at $620 per week, with an expected increase to $650 per week by mid-2025.

Reliable Tenants: The same tenants since new, a family keen to stay, ensuring income stability.

High Growth Area: Rolleston’s rapid growth offers investors the opportunity to benefit from rising property values in a desirable location.

Exceptional Value: Priced at $650,000, well below its recent QV valuation of $730,000, offering $80,000 of instant equity.

No Renovations Required: A true turn-key investment.

Why Consider This Property?

This is an exceptional buy-and-hold opportunity in a high-growth region with consistently strong rental demand. The property is well-suited for hands-off investors looking to secure stable returns and position themselves for long-term capital growth.

Priced significantly below market value, this is a rare chance to acquire a low-maintenance, high-performing asset in one of Canterbury’s most sought-after communities.

Please let me know if you’d like further details or to arrange a time to discuss.