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12 Tabor Place Lincoln, Selwyn District

Sold for $1,010,000 on 6 May 2025
  • 5 Beds
  • 3 Baths
  • 2 Cars
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12 Tabor Place, Lincoln, Selwyn District

House in Lincoln

Investment Or Multi Generational Opportunity!

  • 5 Beds
  • 3 Baths
  • 2 Cars
Listed By:
Ray White Town & LifestyleTown & Lifestyle Real Estate Ltd Licensed (REAA 2008)

Property Files: https://www.propertyfiles.co.nz/12TaborPlace

Explore this unique investment opportunity in the heart of Lincoln, offering two modern and warm brick duplex units, each with its own single garage. Perfectly positioned for convenience, this property is ideal for investors looking to capitalise on Lincoln's growing appeal. Currently tenanted at $1,060 per week for the whole duplex, this property offers immediate rental income and a strong return on investment.

Property Features:

  • Duplex Units: Consists of two separate units - a three-bedroom and a two-bedroom, providing flexible rental options or potential for owner-occupier plus rental income.
  • Modern Design: Both units boast contemporary interiors with quality finishes, ensuring a comfortable living environment.
  • Location: Prime location close to essential amenities including supermarkets, the university, restaurants, and a medical centre, enhancing tenant appeal and rental potential.
  • Outdoor Spaces: Each unit features private outdoor areas, perfect for relaxation or entertaining.
  • Master Build Guarantee: The property is covered by a Master Build Guarantee, providing peace of mind and quality assurance for investors.

Investment Highlights:

  • Rental Income: Benefit from dual rental incomes with the potential to maximise returns in Lincoln's buoyant rental market.
  • Tenant Demand: Positioned near popular amenities and educational institutions, ensuring consistent tenant demand.
  • Low Maintenance: Solid brick construction and modern fittings minimise maintenance costs, making it an attractive investment proposition.
  • Future Growth: Lincoln's strategic growth and development plans further enhance the property's long-term investment prospects.

Don't miss out on this opportunity to secure a promising investment in Lincoln's thriving property market. Whether you're expanding your portfolio or seeking a stable income stream, this duplex offers both versatility and potential. Arrange a viewing today and envision the possibilities!

Features:
  • Electric Hot Water
  • Heat Pump
  • Modern Kitchen
  • Open Plan Kitchen
  • Open Plan Dining
  • Separate WC/s
  • Ensuite
  • Separate Bathroom/s
  • Off Street Parking
  • Tandem Garage
  • Internal Access Garage
  • Fully Fenced
  • Color Steel Roof
  • Northerly and Westerly Aspects
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Shops Nearby
  • Public Transport Nearby

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Chattels:
  • Heated Towel Rail
  • Drapes
  • Dishwasher
  • Fixed Floor Coverings
  • Cooktop Oven
  • Blinds
  • Curtains
  • Light Fittings

See all chattels

Property ID:

LIC30923

Building:

200m²

Land:

972m² / 0.24 acres

Parking:

2 garage spaces

Bedrooms:

5

Bathrooms:

3

Listed By:
Ray White Town & LifestyleTown & Lifestyle Real Estate Ltd Licensed (REAA 2008)