9 Nyoli Street, Papanui Two Keys, One Opportunity
TweetAvailable PropertyFiles:
- Auction Agreement 9 Nyoli St.pdf
- Building Report Back 9 Nyoli St.pdf
- Building Report Front 9 Nyoli St.pdf
- Code of Compliance Cert 9 Nyoli St.pdf
- Council Information - 9 Nyoli St.pdf
- Gas Cert 9 Nyoli St.pdf
- Insurance - 9 Nyoli St.pdf
- LIM 9 Nyoli St.pdf
- Rental Appraisal 9 Nyoli St.pdf
- Title - 9 Nyoli St.pdf
- /Auction Information/
- Addington Auction Rooms Parking- Directions.pdf
- Auction Pack Registration forms (Selling Prior) V7.1 30-9-2025.pdf
- /REA Guide/
- REA Buying Or Selling Guide.pdf
Property Description
This fully fenced property at 9 Nyoli Street in Papanui is an absolute goldmine, blending a unique living setup with serious financial potential. Zoned as high density land, this is a highly strategic purchase for the forward-thinking buyer. The location is second to none, with great schools nearby and literally every amenity you could wish for-supermarket, shops, cafes, and restaurants-all within easy walking distance. This is a brilliant opportunity whether you're looking for a home with an income stream, a flexible setup for extended family, or simply a savvy move to land bank and redevelop.The setup is special, featuring two separate dwellings. The main house is a charming 1950s build constructed from plaster over block, offering two double bedrooms. It comes with several key features: an updated bathroom, gas hot water, a heat pump, and a real bonus of double glazing in the lounge, dining, and kitchen. You'll also find a facing north deck, perfect for catching the sun. The second home is a delightful, freestanding two-story cottage, which was built in 2014 with full Code of Compliance. Full of character, this quaint space has a bathroom/laundry and lounge downstairs, a mezzanine bedroom upstairs, complete with polished floors, lead light windows, and its own heat pump-it's a completely separate and cosy retreat.
Both homes sit on a secure, fully fenced 668 sqm freehold TC2 section. The section is leafy and private, offering assorted fruit trees, two garden sheds, and a freestanding studio with power-ideal for a home office or workshop. With a total of three bedrooms, two bathrooms, and two heat pumps, this property's versatility is massive. Think multi-generational living, using the cottage for rental income, or strategically developing the high density site later. The opportunities here are truly endless.
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By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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