$945,000

1 of 1

Lot 1156 Ravenswood, Woodend

Welcome to this exceptional 4-bedroom, 3-bathroom dual income property in Ravenswood, offering a lucrative investment opportunity with a guaranteed rental return of $1070 per week for 2 years, translating to an impressive rental yield of 5.76%.

This modern home spans a generous floor area of 160m2 on a manageable 408m2 land size. Boasting two spacious living areas and a single garage, it caters perfectly to families or investors seeking a high-performing asset in a rapidly growing community.

Ravenswood, located just 25 kilometres north of Christchurch city, enjoys proximity to the pristine shores of Pegasus Bay, a mere five-minute drive away. As part of the thriving Waimakariri District, Ravenswood stands at the heart of a dynamic economic hub with a population exceeding 50,000 residents and over 5,800 thriving businesses.

Investors will appreciate Ravenswood's strategic position, which draws significant foot traffic and fosters heightened property demand. The area features a diverse array of amenities including a New World supermarket, BP service station, fitness centre, preschool, and McDonald's. Future developments include the arrival of Harvey Norman, Gull service station, Joe's Garage cafe, Coffee Club, and Lone Star restaurant, promising further growth and convenience for residents.

Don't miss this opportunity to secure a prime investment in one of Christchurch's most promising locales.

Property ID: MRL10703 | Dual Income

Lot 1156 Ravenswood, Woodend, Canterbury

$945,000

4
3
1
408 sqm
160 sqm
5.9 %

Bedrooms: 3+1

Bathrooms: 2+1

Property Guide

Momentum Realty 2023

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