Sold
103 Colombo Street,
Somerfield, Christchurch City
NZD 1,601,000
Property details
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Agents
Ray White Town & Lifestyle: Town & Lifestyle Real Estate Ltd Licensed (REAA 2008)
10/70 Rolleston Drive, Rolleston Selwyn District 7614
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Chattels
- Cooktop Oven
- Light Fittings
- Floor Covers
- Blinds
Diverse Income from Four Tenancies
PROPERTY FILES:
https://www.propertyfiles.co.nz/property/103ColomboStreet
Constructed in 2013, this post-quake development at 103 & 105 Colombo Street presents a rare opportunity to secure four separate homes on a single title. Designed for durability, low maintenance, and strong yield potential, this fully maintained property is the ideal turnkey investment.
Currently returning $2,065 per week across all tenancies, the homes are fully occupied and demonstrate excellent income security. The total floor area of 304sqm sits on generous 764sqm grounds, thoughtfully designed for both tenant comfort and investor peace of mind.
Each of the four homes features:
- Two bedrooms
- Family bathroom
- Dedicated laundry space
- Open plan kitchen, dining, and living area
- Comprehensive chattels package including all-in-one washer/dryer, fridge/freezer, double and single beds, and more
-Off-street parking for each home
Additional features:
- The rear two homes enjoy generous backyard spaces, perfect for tenants or Airbnb guests
- Bus stop at the front providing easy access to Christchurch CBD
Location Highlights:
Positioned in highly sought-after Somerfield, residents benefit from both convenience and lifestyle:
- Christchurch CBD - quick access for work, shopping, and dining
- City South Library & Cafe - just minutes away
- Cashmere Club - local community and sports hub
- Malthouse Theatre - arts and entertainment nearby
- Parks & walkways - riverside tracks and green reserves for outdoor recreation
- Port Hills - walking, running, and biking trails on the doorstep
- Christchurch Adventure Park - premier destination for mountain biking
- School zoning - highly desirable Cashmere High School, plus local primary schools
Flexible Investment Options:
With four modern homes on one title, this property provides exceptional versatility. Maintain the strong tenancies for consistent income, or explore short-term accommodation options such as Airbnb to maximise returns.
A rare, complete portfolio investment in a premium location - a truly turn-key opportunity not to be missed.
https://www.propertyfiles.co.nz/property/103ColomboStreet
Constructed in 2013, this post-quake development at 103 & 105 Colombo Street presents a rare opportunity to secure four separate homes on a single title. Designed for durability, low maintenance, and strong yield potential, this fully maintained property is the ideal turnkey investment.
Currently returning $2,065 per week across all tenancies, the homes are fully occupied and demonstrate excellent income security. The total floor area of 304sqm sits on generous 764sqm grounds, thoughtfully designed for both tenant comfort and investor peace of mind.
Each of the four homes features:
- Two bedrooms
- Family bathroom
- Dedicated laundry space
- Open plan kitchen, dining, and living area
- Comprehensive chattels package including all-in-one washer/dryer, fridge/freezer, double and single beds, and more
-Off-street parking for each home
Additional features:
- The rear two homes enjoy generous backyard spaces, perfect for tenants or Airbnb guests
- Bus stop at the front providing easy access to Christchurch CBD
Location Highlights:
Positioned in highly sought-after Somerfield, residents benefit from both convenience and lifestyle:
- Christchurch CBD - quick access for work, shopping, and dining
- City South Library & Cafe - just minutes away
- Cashmere Club - local community and sports hub
- Malthouse Theatre - arts and entertainment nearby
- Parks & walkways - riverside tracks and green reserves for outdoor recreation
- Port Hills - walking, running, and biking trails on the doorstep
- Christchurch Adventure Park - premier destination for mountain biking
- School zoning - highly desirable Cashmere High School, plus local primary schools
Flexible Investment Options:
With four modern homes on one title, this property provides exceptional versatility. Maintain the strong tenancies for consistent income, or explore short-term accommodation options such as Airbnb to maximise returns.
A rare, complete portfolio investment in a premium location - a truly turn-key opportunity not to be missed.
Explore the area
School catchments
- St Peter's School Te Kura Haoika Full primary Years 1-8 State integrated 0.10km
- Somerfield Te Kura Wairepo Primary Years 1-6 State 0.67km
- Te Kura o Huriawa Thorrington Primary Years 1-6 State 0.68km
- Beckenham Te Kura o Pūroto Full primary Years 1-8 State 0.78km
- Cashmere High School Secondary Years 9-15 State 1.1km
- Christchurch South Karamata Intermediate School Intermediate Years 7-8 State 1.3km
- Hillview Christian School Composite Years 1-15 State integrated 1.4km
- Waltham School Full primary Years 1-8 State 1.6km
- St Martins School Full primary Years 1-8 State 1.8km
- Rudolf Steiner School (Chch) Composite Years 1-15 State integrated 1.8km
- Cashmere Primary Te Pae Kererū Full primary Years 1-8 State 1.8km
- TKKM o Te Whanau Tahi Composite Years 1-15 State 1.8km
- TKKM o Waitaha Composite Years 1-15 State 1.9km
- St Mark's School (Christchurch) Full primary Years 1-8 State integrated 2.0km
- Addington Te Kura Taumatua Primary Years 1-6 State 2.0km
- Te Ara Koropiko West Spreydon School Primary Years 1-6 State 2.0km
- Catholic Cathedral College Secondary Years 7-15 State integrated 2.6km
- Ao Tawhiti Unlimited Discovery Composite Years 1-15 State 2.7km
- Te Puna Wai o Waipapa - Hagley College Secondary Years 9-15 State 2.8km
- Te Aratai College Secondary Years 7-15 State 3.5km
- Christ's College Secondary Years 9-15 Private 3.5km
- Te Kura Tuarua o Horomaka Hillmorton High School Secondary Years 7-15 State 3.5km
- Christchurch Girls' High School -Te Kura o Hine Waiora Secondary Years 9-15 State 4.5km
- Te Pā o Rākaihautū Composite Years 1-15 State 4.5km
- St Margaret's College Composite Years 1-15 Private 4.7km
- Rangi Ruru Girls' School Secondary Years 7-15 Private 4.8km
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 Rowan Shepherd
Contact Rowan Shepherd
Rowan Shepherd
103 Colombo Street, Somerfield 8024
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Rowan Shepherd
103 Colombo Street, Somerfield 8024