38 Pateman Street, Lot 1203, Ravenswood, Woodend, Christchurch
Dual-Income Opportunity – Brand-New Home & Income in Ravenswood, Canterbury
Built by Golden Homes, this purpose-built dual-income package delivers strong rental performance, modern durability, and guaranteed returns from day one. With a fixed price of $969,500, a 2-year rental guarantee, and a high-demand Ravenswood location, this is a turnkey-ready investment designed for consistent cashflow and long-term growth.
Lot 1203 – 38 Pateman Street, Ravenswood, Woodend, Canterbury
Price: $969,500
Layout: 3-bedroom main dwelling + 1-bedroom minor dwelling
Bathrooms: 2 + 1
Parking: 1
Floor Area: 123.2m² + 35.5m²
Land Size: 431m²
Rental Appraisal (Guaranteed): $1,010/week
Gross Yield: 5.42%
Payment Structure: Fixed-price (progress payments)
Why this property?
✔ Dual-income layout — two rental streams, two tenancies
✔ $1,010/week guaranteed rent for 2 years
✔ Built by Golden Homes with ZOG steel framing
✔ Fully Healthy Homes compliant with independent report
✔ Includes appliances, blinds, drapes & landscaping
✔ Durable investor-spec materials for long-term performance
✔ Thermally broken windows & superior insulation for tenant comfort
✔ Fixed-price contract — no PC sums, no surprises
✔ Low-maintenance, modern design ideal for long-term rental appeal
About the location
Ravenswood is one of North Canterbury’s fastest-growing communities, just 25 minutes from Christchurch and close to the beaches of Pegasus Bay. With access to schools, cafes, supermarkets, walking tracks, childcare centres, and the wider Waimakariri district, it offers a highly attractive lifestyle for families and long-term tenants.
Key nearby amenities:
Woodend Primary School (2.5km)
New World + McDonald’s (1km)
Rangiora township (6.5km)
Pegasus Town (2.6km)
Christchurch City (25–28km)
Download the full spec pack, rental report, and build schedule.
Secure this dual-income opportunity today - limited lots remain.