Pictures28

Map

1-5/2 Douglas Street, Lincoln, Selwyn

Name: Open Home - 10:00am - 10:30am
Start: 2026-10-17T21:00:00.000Z
End: 2026-10-17T21:30:00.000Z
Location: 1-5/2 Douglas Street

Auction, 05 Nov 2026 11:00

11

5

2

400m²

809m²

Five income streams, one smart investment

Auction sale (unless sold prior)

11am, 5th November 2026

3 Deans Avenue, Christchurch

Offering a compelling combination of location, scale and flexibility, this unique investment presents an exciting opportunity for investors seeking an established multi-income asset. Comprising five separate flats across five titles, the property occupies a combined 809sqm (more or less) of TC1-zoned land, providing immediate rental income alongside potential for future capital growth.

The property comprises 4 x two-bedroom flats and 1 x three-bedroom flat, offering a versatile mix of accommodation to appeal to a broad tenant market. With established rental income and a practical multi-unit configuration, this is an opportunity to secure a sizeable residential investment in the growing township of Lincoln.

•Generating $2,690 per week across a mix of periodic and fixed-term tenancies

•Rental appraisals indicate potential income of up to $1,150 per week

•Five separate flats – 4 x two-bedroom flats and 1 x three-bedroom flat

•Double glazing throughout, enhancing comfort and tenant appeal

•Five separate titles, encompassing a combined 809sqm (more or less) of TC1-zoned land

•Established multi-income rental investment

•Convenient location close to Lincoln University and Lincoln Village, with cafés, shops, eateries and everyday amenities nearby

•Broad tenant appeal being suited to working professionals, university students, couples and small families

With established cash flow and all five flats available for purchase as a single investment, this property offers an appealing combination of holding income and long-term potential. Its location, existing configuration and multiple titles provide investors with flexibility to explore future opportunities, subject to the relevant planning requirements with the local council.

After more than 12 years of ownership, our retiring vendors are committed to achieving a sale and have given clear instructions to bring all interested buyers to the table. Whether you are looking to expand your investment portfolio or secure a substantial multi-income property in Lincoln, this is an opportunity not to be missed.

Please contact agents for private viewing times outside of open home times as this property is fully tenanted.

To download the property files, copy and paste the link below into a new browser: https://www.propertyfiles.co.nz/5531962

Additional details

Type

Unit

Property ID

5531962

Listed on

14/10/2026

Updated

4 hours ago

Open Homes6

Sun, 18 Oct

10:00AM - 10:30AM

Wed, 21 Oct

10:00AM - 10:30AM

Mon, 26 Oct

04:15PM - 04:45PM

Wed, 28 Oct

10:00AM - 10:30AM

Sun, 1 Nov

04:15PM - 04:45PM

Wed, 4 Nov

10:00AM - 10:30AM

Auction1

Thu, 5 Nov

11:00AM

Property insights

OneRoof estimate

Interested in Selwyn?

Find estimate

Advertise with OneRoof

OneRoof mentions

Listed for sale on OneRoof for 1 days (last updated on 14 October). There are 10 11-bedroom properties for sale nearby. There are 125 properties for sale in Lincoln.

About the area

Market insights

Insights for all bedroom homes in Lincoln

Property type

All property types

Bedrooms

All

Time (yrs)

5 yrs

Home services

Mortgage Calculator

NEW

Fortnightly Repayments

Loan term

Total interest

Interest rate

Total cost

Advertise with OneRoof

See if you’re likely to get approved Apply now

Disclaimer

Get a house insurance quote

On your side with these great benefits

Natural disaster cover for earthquakes, natural landslips, hydrothermal activity, tsunami, natural fires, & volcanic activity.

Temporary accommodation for you, your family, and your pets if you need to be evacuated from your home.

Get replacement keys and locks if yours get lost or stolen and pay no excess.

Access to AMI HomeHub, our first-class home repairer that brings together a team of experts to take care of your home claim repairs from start to finish.

Learn about these great benefits and more

*Exclusions and limitations apply. Talk to us about these or refer to the full policy document which can be found on our website.

Lincoln, Selwyn

Lincoln is a suburb which lies within the Territorial Authority of Selwyn, one of 31 residential suburbs which form the wider region. Lincoln is the 2nd largest suburb of Selwyn in terms of the total number of residential housing stock. Lincoln provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 2010 - 2019. Residential housing stock in Lincoln is made up of approximately 83% residential housing , 1% residential investment housing and 17% lifestyle properties.

Learn more

Advertise with OneRoof