Sold

8 Peckham Lane,
Woolston, Christchurch City

3 bedrooms
1 bathroom
4 car spaces
759m² land size
House

NZD 543,500


Property details

Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Heated Towel Rail
  • Light Fittings
  • Floor Covers
  • Curtains

A Smart Investment With More to Come

To download the property files, copy and paste the following link into your browser: https://new.propertyfiles.co.nz/listing/229

For investors looking for a property that offers income from day one with room to add value over time, this well-positioned Woolston opportunity deserves a closer look.

Currently tenanted and generating an immediate rental return, the property provides an established investment from the outset, while its practical layout and convenient location help support strong ongoing tenant appeal. With three generous double bedrooms, a bright open-plan living area and excellent indoor-outdoor flow to a sunny deck and private, fully fenced section, there is plenty here to attract and retain tenants.

The home is designed with everyday functionality in mind, offering a tidy bathroom, separate toilet and separate laundry, while a heat pump provides year-round comfort. The kitchen has plenty of storage, and the double garage plus generous off-street parking adds another valuable point of difference for tenants.

For the astute investor, however, the opportunity extends beyond the current rental return. Set on TC2 land, the property offers scope to update and modernise over time, giving you the ability to improve the home's presentation, enhance rental appeal and potentially build further capital value.

The location only strengthens the proposition. Woolston continues to offer easy access to cafés, supermarkets, transport links and everyday amenities, while popular lifestyle destinations such as The Tannery are just minutes away. The property's zoning for Te Aratai College is another positive for future tenant demand.

Existing tenants. Immediate rental income. Three bedrooms. Double garage. TC2 land. Value-add potential.

It's a property that can work for you today while giving you options for tomorrow - whether that's simply holding and enjoying the rental return or taking the opportunity to make improvements and unlock more of its potential.

If you're looking for an investment with a solid foundation and room to grow, this is one worth seeing.

rwferrymead.co.nz/OPA33009

Explore the area


School catchments

  • St Anne's School (Woolston) Full primary Years 1-8 State integrated 0.48km
  • Tamariki School Full primary Years 1-8 State integrated 0.53km
  • Te Waka Unua School Full primary Years 1-8 State 0.82km
  • Ngutuawa School Full primary Years 1-8 State 0.92km
  • Te Ahuwai Bromley School Primary Years 1-6 State 1.2km

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

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

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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