Fixed tenancy to 29 January 2016 at $550 per week gives an attractive return on your investment with bank deposit rates around 3% it may be time to consider 'brick and mortar' as a logical alternative.

On offer is a practical no-nonsense easy-care property, compact outdoor living requires minimal maintenance by tenants or landlord. EQC repair work (predominately cosmetic painting) has been completed.

Located equidistant between Westfield Mall/Riccarton Shopping Centre and Tower junction allows easy access to a vast range of amenities for every day living. Close proximity to University of Canterbury gives underlying security for future tenancies.

Sensibly priced at $385,000 first in, first served.