8 Peckham Lane Woolston, Christchurch City

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For investors looking for a property that offers income from day one with room to add value over time, this well-positioned Woolston opportunity deserves a closer look.

Currently tenanted and generating an immediate rental return, the property provides an established investment from the outset, while its practical layout and convenient location help support strong ongoing tenant appeal. With three generous double bedrooms, a bright open-plan living area and excellent indoor-outdoor flow to a sunny deck and private, fully fenced section, there is plenty here to attract and retain tenants.

The home is designed with everyday functionality in mind, offering a tidy bathroom, separate toilet and separate laundry, while a heat pump provides year-round comfort. The kitchen has plenty of storage, and the double garage plus generous off-street parking adds another valuable point of difference for tenants.

For the astute investor, however, the opportunity extends beyond the current rental return. Set on TC2 land, the property offers scope to update and modernise over time, giving you the ability to improve the home's presentation, enhance rental appeal and potentially build further capital value.

The location only strengthens the proposition. Woolston continues to offer easy access to cafés, supermarkets, transport links and everyday amenities, while popular lifestyle destinations such as The Tannery are just minutes away. The property's zoning for Te Aratai College is another positive for future tenant demand.

Existing tenants. Immediate rental income. Three bedrooms. Double garage. TC2 land. Value-add potential.

It's a property that can work for you today while giving you options for tomorrow - whether that's simply holding and enjoying the rental return or taking the opportunity to make improvements and unlock more of its potential.

If you're looking for an investment with a solid foundation and room to grow, this is one worth seeing.

rwferrymead.co.nz/OPA33009