3/66 Division Street, Riccarton, Christchurch City, Canterbury

If you like your investments solid, simple, and sensible, Unit 3 deserves a closer look. Built of good old-fashioned brick and iron, it's the kind of property that just does what it's supposed to - houses good tenants, earns steady rent, and sits in one of the city's most in-demand pockets. Yes, it could use a light refresh - but that's where the upside lies. A quick spruce-up and you've got yourself a tidy, low-maintenance performer that's already Healthy Homes compliant and well-positioned for long-term growth. There's practical appeal here too - off-street parking and a lock-up single garage make life easier for tenants and add real-world value for investors. And here's the kicker: secure the neighbour (Unit 4) which is available as well. Owning side-by-side units gives you options - future flexibility, stronger returns, or simply the quiet satisfaction of knowing you've got a foothold in a proven performer. This close to Westfield Riccarton, properties like these don't sit empty or sit around long. If you're the kind of investor who sees potential where others see "just another unit," Unit 3 might be your next clever move.