Sold
165A Peverel Street,
Riccarton, Christchurch City
NZD 630,000
Property details
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Agents
Ray White Metro: Metro Team Ltd Licensed (REAA 2008)
. Cnr Riccarton & Waimairi Roads, Upper Riccarton Christchurch City 8041
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Chattels
- Rangehood
- Light Fittings
- Floor Covers
- Blinds
- Curtains
- Drapes
- Garden Shed
- TV Aerial
Immediate Returns on Multi-Unit Villa
Discover this delightful villa, divided into two separate, consented flats. Over the years, our current owners have carefully maintained this property, which has rewarded them with excellent rental returns. However, the owners' instructions are clear: Now is the time to liquidate this asset. With its advantageous Riccarton location, this property has experienced no shortage of demand from renters.
Property Highlights
• Two separate flats compliant with Healthy Homes, each with a detached single garage
• One is currently rented, providing immediate cash flow
• The other is vacant and ready for new tenants
Additional Features
• Strong rental demand in the area
• Walking distance to Canterbury University
• Zoned for Christchurch Girls & Boys High Schools
• Opportunity to further increase value with renovation
While the current owners have consistently rented out both flats, this does not stop you from living in one and renting the other or living in one and providing independent living for family or friends in the other.
Large retail and hospitality options surround the area, which includes Westfield Mall, Tower Junction, Bush Inn Center, and Church Corner Mall. Addington Raceway and Canterbury University are nearby, and the South Express Cycleway passes by the property.
With so many choices, falling in love with this opportunity will be easy. The owners are ready to sell, so be the next savvy investor to reap the rewards.
VIEWING BY APPOINTMENT
To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39494
Property Highlights
• Two separate flats compliant with Healthy Homes, each with a detached single garage
• One is currently rented, providing immediate cash flow
• The other is vacant and ready for new tenants
Additional Features
• Strong rental demand in the area
• Walking distance to Canterbury University
• Zoned for Christchurch Girls & Boys High Schools
• Opportunity to further increase value with renovation
While the current owners have consistently rented out both flats, this does not stop you from living in one and renting the other or living in one and providing independent living for family or friends in the other.
Large retail and hospitality options surround the area, which includes Westfield Mall, Tower Junction, Bush Inn Center, and Church Corner Mall. Addington Raceway and Canterbury University are nearby, and the South Express Cycleway passes by the property.
With so many choices, falling in love with this opportunity will be easy. The owners are ready to sell, so be the next savvy investor to reap the rewards.
VIEWING BY APPOINTMENT
To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39494
Explore the area
School catchments
- Kahikatea Kirkwood Intermediate Intermediate Years 7-8 State 0.42km
- St Teresa's School (Riccarton) Full primary Years 1-8 State integrated 0.64km
- Wharenui School Full primary Years 1-8 State 0.81km
- Middleton Grange School Composite Years 1-15 State integrated 0.88km
- Ilam School Primary Years 1-6 State 1.1km
- Medbury Preparatory School Full primary Years 1-8 Private 1.4km
- Christchurch Boys' High School Secondary Years 9-15 State 1.4km
- Riccarton High School Secondary Years 9-15 State 1.7km
- Villa Maria College Secondary Years 7-15 State integrated 1.7km
- Te Kāpehu Riccarton School Full primary Years 1-8 State 1.9km
- Tūora Fendalton School Primary Years 1-6 State 1.9km
- Christchurch Girls' High School -Te Kura o Hine Waiora Secondary Years 9-15 State 2.2km
- Our Lady of Victories Full primary Years 1-8 State integrated 2.3km
- Tuia Burnside Primary School Primary Years 1-6 State 2.4km
- Sacred Heart School (Christchurch) Full primary Years 1-8 State integrated 2.5km
- St Thomas of Canterbury College Secondary Years 7-15 State integrated 2.5km
- Avonhead School - Rakipaoa Full primary Years 1-8 State 2.5km
- Te Kura Tuarua o Horomaka Hillmorton High School Secondary Years 7-15 State 2.7km
- Wairarapa Cobham Intermediate Intermediate Years 7-8 State 2.7km
- Te Kura o Mōkihi Spreydon School Primary Years 1-6 State 2.7km
- Westburn Te Kura O Hereora Full primary Years 1-8 State 2.8km
- Te Puna Wai o Waipapa - Hagley College Secondary Years 9-15 State 2.9km
- Rangi Ruru Girls' School Secondary Years 7-15 Private 3.0km
- Burnside High School Secondary Years 9-15 State 3.1km
- Christ's College Secondary Years 9-15 Private 3.3km
- St Margaret's College Composite Years 1-15 Private 3.3km
- Aidanfield Christian School Composite Years 1-15 State integrated 3.5km
- St Andrew's College (Christchurch) Composite Years 1-15 Private 3.9km
- Ao Tawhiti Unlimited Discovery Composite Years 1-15 State 3.9km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Sue Lazar
Contact Sue Lazar
Sue Lazar
165A Peverel Street, Riccarton 8041
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Sue Lazar
165A Peverel Street, Riccarton 8041