Rare investment opportunity - buy one or both


158 Peverel Street, Riccarton

By Negotiation

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Rare investment opportunity - buy one or both | 158 Peverel Street, Riccarton | 559925 |      X Close
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Rare investment opportunity - buy one or both


This is a rare investment opportunity with high return.

Front property 158 Peverel Street with floor area 151 sqm and land size 369 sqm.

The 6-bedroom freehold home completed construction in 2010. Firm brick cladding, with full insulation and double glazing, to keep the property warm all year round. Easy care and low maintenance, with open plan kitchen/dining/living.

Each bedroom comes with en-suite, wardrobe, panel heater, and individual power check meter, plus one on-site off-street carpark for each bedroom. Ideal high standard living accommodation for professionals, university students or anyone who enjoys privacy and convenience.

Currently tenanted at $1,290 per week. Yield approximately 10.32% (Based on Rateable Value $650,000).

Perfect location close to University of Canterbury, Westfield Riccarton, Bush Inn Shopping Centre and Church Corner Shopping Centre, restaurants, shops, parks, bus routes and other amenities. Zoned for Christchurch Boys High School, Christchurch Girls High School, and Riccarton High School.

Rear property 158A Peverel Street with floor area 165 sqm and land size 439 sqm is also available for sale, with 6 bedrooms currently tenanted at $1,270 per week.

View by appointment.

Tracy Chen

Christchurch

Licensed under the REA Act 2008

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158 Peverel Street, Riccarton

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Tracy Chen

Christchurch

Licensed under the REA Act 2008

View profile