Just 45 minutes from Christchurch west on inland scenic route 72 at foothills of the southern alps is the small settlement of Oxford. These homes have never been empty in 10 years, providing a good rental investment for the owners, currently $665 per week, Gross Return 7.20%. The site is 1562m2. 

The rear house is a 8-year old Skyline build with three bedrooms, bathroom and open plan living areas with a heat pump, leading out to a North facing veranda, together with a separate double garage – current rent $380 per week.

The front home is an older cottage, over cladded in logs providing two bedrooms, bathroom/laundry and open plan living areas with heat pump, current rent $285 per week.

The property has boundary fencing between and an expired resource consent for subdivision which can be renewed and completed. Town only minutes away, a new subdivision nearby, Oxford is growing in popularity with nice cafes and local arts and crafts to explore.

http://www.stuff.co.nz/the-press/christchurch-life/avenues/play/8843271/A-day-in-Oxford

For more details email Di today