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uni accomodation in Chch

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  • uni accomodation in Chch

    Seeking insights on the wisdom of investing in a new build or similar property for student accommodation. I came across a post from 2017 on this topic, but I believe circumstances may have evolved since then. My strategy involves uniting parents to jointly acquire or construct a property aimed at supporting their children during university, specifically in the Christchurch area. Given the diverse financial situations of individual parents, there are likely various possibilities to explore. Personally, I am retired, relying on NZ super with a modest savings pool, and I own a debt-free property with a government valuation of 1.3 million. As a newcomer to property investment, I would appreciate any guidance or advice. Thank you.