21 and 21B Ballantyne Ave, Upper Riccarton Dual Income Opportunity

Available PropertyFiles:

  • Auction Pack (Not Selling Prior) Registration Forms V7 31-5-2023.pdf
  • COMET-A FULL ASSESSMENT - Redacted and Stamped.pdf
  • COMET-A SCOPE OF WORKS - Stamped and Redacted.pdf
  • Council Info.pdf
  • Old LIM.pdf
  • REA Sales-and-Purchase-Guide_A4-DIGITAL_2022_ENGLISH_F4.pdf
  • Rental Appraisal-21 Ballantynes Ave.pdf
  • Rental Appraisal-21B Ballantynes.pdf
  • Rentworks.pdf
  • Title.pdf
  • Your rental home policy letter AHL022204809.pdf
  • Your rental home policy letter AHL022204833.pdf

Property Description

Solid Investment with Immediate Returns With the owner relocating to another city after six years of hassle-free ownership, this is a fantastic opportunity for new owners to secure a well-performing property with strong rental income from day one. Set on a single title, this property features two dwellings currently returning $1,125 per week, providing a combined annual rental income of $58,500. Both tenancies are on fixed-term agreements until November and February next year, offering immediate income security.

Front Dwelling: Constructed in classic red brick and approximately 80-90sqm, this home offers three bedrooms, a separate kitchen and living area, a well-sized bathroom, and a separate laundry. A north-facing fenced lawn area sits off the lounge, creating a sunny outdoor space perfect for relaxing or entertaining.

Rear Dwelling: The rear unit is built from permanent materials with concrete block construction on a concrete foundation, providing a low-maintenance and reliable investment. It features three bedrooms, an open-plan kitchen and living area, a built-in laundry in the entranceway, and built-in wardrobes in all bedrooms.

Both homes offer scope to further add value, making this property an appealing option for investors seeking a solid performer, those looking to start their investment journey, or buyers wanting flexible living options for extended or multi-generational families. A versatile opportunity with strong returns and future potential - don't miss your chance to secure it.

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Terms of Supply

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. This information has been supplied by the vendor or the vendor’s agent/s. Accordingly, Ray White Morris And Co is merely passing over the information as supplied to us by the vendor or the vendor’s agent/s. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and all intending purchasers are recommended to conduct their own due diligence investigation into the same. To the maximum extent permitted by law, Ray White Morris And Co does not accept any responsibility to any person for the accuracy of the information herein.
3. The customer viewing this information is actively encouraged to seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the customer 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 judgment and contrary to the recommendation of the agent.
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Contact Tina Zhang

Next Step Realty Ltd

Licensed REAA (2008)

027 889 8896   tina.zhang@raywhite.com   All Listings

Tina Zhang has been buying, selling and investing in the New Zealand property market for over 20 years, worked as mortgage adviser for more than 7 years. She is ready to share that knowledge with her clients. Tina, originally from China but has been in New Zealand for over 30 years, multi-lingual, fluent in Mandarin, English and Cantonese, and has extensive business Experience. Tina’s broad sales and business background coupled with extensive experience in real estate property investment means Tina has a wealth of knowledge to share with her clients. She is also known in Christchurch’s Chinese community and is a former President of some of the Chinese Organizations.
Tina is looking forward to helping more people find success in buying, selling and investing in Real estate. Tina is particularly interested in helping new migrants gain a better idea of how to invest in New Zealand. Tina is based in Christchurch and can assist all purchasers in all regions from New Zealand as well as overseas investors.


Contact Jack Na

Next Step Realty Ltd

Licensed REAA (2008)

021 278 3699   Jack.na@raywhite.com   All Listings

Buying or selling a property for yourself is a massive decision. The right salesperson to help, guide and support you along your real estate journey will be a crucial decision in itself.

Jack is outgoing and relaxed; he draws on his exceptional customer service skills from his background from working as part of CCC Recreation and Sport.

He is fluent in English and Korean, giving him further international reach to all his clients.
Valuing hard work, integrity, and professionalism, Jack is committed to delivering results.

Jack has a deep interest in the property market and enjoys new relationships, taking on new clients and meeting their expectations. He likes taking on new hobbies such as badminton and golf and also committing to the new challenges that he must face.