165a Peverel Street, Riccarton Immediate Returns on Multi-Unit Villa

Available PropertyFiles:

  • /Building Report /
    • Building Report.pdf
  • /Electrical Certificate/
    • Electrical Certificate.pdf
  • /LIM/
    • LIM.pdf
  • /Loan Market Information /
    • Need help finding the right home loan.pdf
  • /REA Guide/
    • REA Guide.pdf
  • /Rental Appraisal/
    • Rental Appraisal Flat 1.pdf
    • Rental Appraisal Flat 2.pdf
  • /Sales & Purchase Agreement/
    • Standard Contract.pdf
  • /The Natural Hazards Commission Information /
    • EQC and Insurance info.pdf
  • /Title/
    • Title.pdf

Property Description

Discover this delightful villa, divided into two separate, consented flats. Over the years, our current owners have carefully maintained this property, which has rewarded them with excellent rental returns. However, the owners' instructions are clear: Now is the time to liquidate this asset. With its advantageous Riccarton location, this property has experienced no shortage of demand from renters.

Property Highlights
• Two separate flats compliant with Healthy Homes, each with a detached single garage
• One is currently rented, providing immediate cash flow
• The other is vacant and ready for new tenants

Additional Features
• Strong rental demand in the area
• Walking distance to Canterbury University
• Zoned for Christchurch Girls and Boys High Schools
• Opportunity to further increase value with renovation

While the current owners have consistently rented out both flats, this does not stop you from living in one and renting the other or living in one and providing independent living for family or friends in the other.

Large retail and hospitality options surround the area, which includes Westfield Mall, Tower Junction, Bush Inn Center, and Church Corner Mall. Addington Raceway and Canterbury University are nearby, and the South Express Cycleway passes by the property.

With so many choices, falling in love with this opportunity will be easy. The owners are ready to sell, so be the next savvy investor to reap the rewards.

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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. 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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Contact Sue Lazar

Ray White Metro

Metro Team Ltd Licensed (REAA 2008)

027 355 9927   sue.lazar@raywhite.com   All Listings

Sue has a wealth of experience; as she has worked in the Real Estate industry since 1992. In 2006 Sue joined Ray White Metro and focused on working with investors to grow their portfolios.

Sue is now expanding her working criteria to help clients sell their properties. She is not limited to investment properties but has a lot of experience in this area, especially helping investors refresh their portfolios. She believes in customer service, listening to her clients, and building strong relationships that last. She believes every client and home is unique and that treating people with respect will ensure they achieve great results while enjoying the process of selling a home.

When she is not working Sue is a triathlete who often competes in events up to the half ironman distance. So swimming, biking, and running are all favourite pastimes.