Back & 1/159 Conon Street
Off Market

& 1/159 Conon Street

Appleby Southland

3
1
4
220 m²
624 m²
House
Sharon JonesSharon Jones, last sold this property on 29 May 2025 after 43 days on market.

Overview

Surplus to requirements, MUST be sold.

Here's your chance to secure a spacious, three bedroom home with an attached shop space, located just minutes from Invercargill's CBD and SIT campus. Whether you're looking for an immediate rental investment, subject to meeting current tenancy legislation, a redevelopment project, or an affordable first home with added potential, this property delivers flexibility, location, and value. Key Features: • Three bedroom house + attached shop space • Two freehold titles (159 & 1/159 Conon Street) with a combined CV of $330,000. • Land area: 624sqm; (combined) • Floor area: approx. 220sqm; including the shop space • Close to CBD, SIT, and local amenities • Ideal for home office, art studio, or conversion into extra living • Potential for student accommodation development This property is perfect for a buyer with vision-the shop space could be transformed into extra bedrooms, a creative studio, or a flexible home/work lifestyle setup. Disclaimer: Any change of use for the attached shop area, including conversion to residential or other retail purposes, may be subject to Invercargill City Council consent. Purchasers are advised to conduct their own due diligence regarding zoning, permitted activities, and development potential. Don't miss this rare chance to secure a central, flexible property that may have huge potential. Contact us today to arrange a viewing or to request more information. Please note: Land and Floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e Regional/City councils, Propertysmarts/REINZ/Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.

Features

3 bedrooms
1 bathroom
4 carspaces
2 open car spaces
2 garage spaces
220 m² floor area
624 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Appleby over the last 12 months, the estimated median property value of & 1/159 Conon Street is $406.15k.

Median value
$406.15k
Estimated value range
$200k - $630k
Median days on market
27
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Appleby. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for & 1/159 Conon Street

2025
Sold
Undisclosed
29 May 2025 by Sharon Jones, of Harcourts Invercargill

Happy sellers in Appleby

83%
83% of sellers in Appleby reported that their sale price either exceeded or met their price expectations.

Appleby stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Appleby over the last 12 months.

Local market activity for 3 bedroom houses in Appleby

In the last 12 months, 21 three-bedroom houses similar to & 1/159 Conon Street, have been sold.

This represents a 10% decrease in three-bedroom houses sales when compared to the previous 12 months.

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