Sold

5/16 Derby Street,
St Albans, Christchurch City

2 bedrooms
1 bathroom
1 car space
Apartment

Price withheld


Property details

Chattels

  • Cooktop Oven
  • Dishwasher
  • Light Fittings
  • Floor Covers
  • Blinds

Prime Location - 6% Gross Yield (approx.)

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https://www.propertyfiles.co.nz/property/16Derby

Tucked away at the rear for ultimate peace and privacy, this modern townhouse has been beautifully refreshed with fresh paint inside and out. Backed by a strong rental assessment to deliver approx. 6% gross yield, it is a fabulous addition to a rental portfolio or a dream start for first-home buyers looking to secure a footprint in a premium location. It perfectly captures the sun, boasting a light-filled, open-plan kitchen and living area that flows effortlessly to the outdoors. To assist with year-round comfort, the brand new heat pump provides efficient heating and cooling while the private, fully fenced patio and garden provide a secure and sunny sanctuary that is rare to find so close to the city centre.

Upstairs, the home is designed for comfort with two well-proportioned bedrooms sharing a modern central bathroom. The ground floor remains dedicated to socialising and convenience, featuring a guest toilet to keep your private spaces separate. This layout, plus the single garage that can also be accessed from the garden, makes it an ideal "lock-and-leave" town pad.

The location is truly the star of the show. You are just a short stroll from the vibrant energy of Victoria Street's renowned restaurants and cafes, while the lush greenery of Hagley Park is only about a 10 minute (approx.) walk away. Positioned within excellent school zones (Elmwood Normal School, CBHS, CGHS, and Burnside High School) and offered at a fantastically affordable price point, this property represents the perfect balance of urban convenience and suburban tranquility.

rwferrymead.co.nz/OPA32511

Explore the area


School catchments

  • St Margaret's College Composite Years 1-15 Private 0.54km
  • Selwyn House School Full primary Years 1-8 Private 0.61km
  • The Cathedral Grammar School Full primary Years 1-8 Private 0.87km
  • St Mary's School (Christchurch) Full primary Years 1-8 State integrated 0.91km
  • Elmwood Normal School Primary Years 1-6 State 1.3km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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