12A Karo Place, Ilam Investor Alert - Prime University Rental in Ilam

Available PropertyFiles:

  • B) 12A Karo Place - LIM Report.pdf
  • C) 12A Karo Place - Title.pdf
  • D) 12A Karo Place - House Inspection.pdf
  • E) 12A Karo Place - EQC Documents.pdf
  • F) 12A Karo Place - AMP Insurance Policy.pdf
  • G) 12A Karo Place - Rental Appraisal.pdf
  • Y) 12A Karo Place - District Plan Search.pdf
  • Y) 12A Karo Place - LLUR.pdf
  • Y) 12A Karo Place - Rates and Valuation Search.pdf
  • Z) Buying or selling your property - REA Guide.pdf
  • Z) Holmwood Auction information.pdf

Property Description

Perfectly positioned just minutes from the University of Canterbury, this property at 12A Karo Place, Ilam is a ready-made investment opportunity with proven student rental appeal.

Set on a 539m2; section, the property comprises:
• A three-bedroom, one-bathroom main dwelling with heat pump and functional layout.
• A two-bedroom, one-bathroom sleepout at the rear.
• A double freestanding garage plus off-street parking.

Currently assessed to achieve a market rental of around $1,000 per week, this property offers strong income potential and attractive net returns in a high-demand location.

The flat site, low-maintenance grounds, and cul-de-sac setting make it appealing for tenants, while its proximity to shops, transport, and the university ensures consistent occupancy.

With Christchurch's student rental market showing ongoing strength, this is a property that stacks up as a long-term investment.

At a glance:
• 5 bedrooms, 2 bathrooms across house + sleepout
• 539m2; freehold section
• Double garage + off-street parking
• Prime Ilam location near University of Canterbury
• Estimated weekly rental: $1,000 per week

Don't miss this chance to secure a proven performer in one of Christchurch's most sought-after rental pockets.

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Terms of Supply

By accepting the information contained in this Property File, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Tom Chamberlain

Harcourts Holmwood

Ilam 2 Office, 397-399 Ilam Road

03 351 3002   021 767 602   tom.chamberlain@harcourts.co.nz   All Listings

Tom Chamberlain is a dedicated real estate professional with a strong passion for the industry and a commitment to delivering excellence in every transaction. His approach to real estate is rooted in a genuine desire to help clients achieve their property goals and experience a smooth and successful journey. Tom's dedication to exceptional service and personalized attention positions him as a trusted and valuable asset to his clients.

His previous experience in the agricultural industry has instilled in him a work ethic characterized by resilience and adaptability, often referred to as the 'number 8 wire' mentality.

This approach allows him to navigate complex challenges with creativity and perseverance. His clients benefit from his ability to think outside the box and provide comprehensive support throughout the buying and selling process.

Tom's negotiation skills are a key strength, enabling him to secure favourable outcomes for both buyers and sellers. His aim is to create mutually beneficial agreements that satisfy all parties involved. His in-depth knowledge of the real estate market, including trends, property values, and industry insights, empowers his clients to make informed decisions.

In addition, Tom is proficient in leveraging cutting-edge real estate technology to enhance his services and provide clients with innovative tools for a seamless experience. His forwardthinking approach ensures that his clients stay ahead of market trends and benefit from the latest advancements in the industry.

Tom Chamberlain is the go-to professional for anyone seeking a dedicated, knowledgeable, and client-focused real estate agent who is committed to helping clients navigate the market with confidence and achieve their property goals.