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Back 10/70 Waltham Road
Off Market

10/70 Waltham Road

Sydenham Canterbury

2
2
2
House
Last sold for $560,000
Ali AhmadiAli Ahmadi, last sold this property on 12 November 2024 after 68 days on market.

Overview

Cash Cow, Dual-Key, High Yield over 6%

Viewing by appointments Seize the chance to invest in one of Christchurch's most promising areas with this post-quake-built dual-key property in Sydenham. Offering a solid yield of over 6% ($700pw), this fully furnished property is an ideal addition to any investor's portfolio, providing not just one but two income-generating units. The property comprises a one-bedroom apartment and a studio, each with its own kitchen, bathroom, and private balcony, ensuring maximum privacy and convenience for tenants. Updated Rental Appraisal: $750pw In today's market, the demand for well-maintained, fully furnished rental properties is skyrocketing, and these units are perfectly positioned to meet that need. With a design tailored for modern living and a location that appeals to a wide range of tenants, this property guarantees steady rental income and low vacancy rates. Located just minutes from Christchurch CBD, this property enjoys all the benefits of a central location, including easy access to shopping, dining, and public transport. As Christchurch continues its growth and revitalization post-quake, properties like this one are becoming increasingly valuable, offering both short-term rental returns and long-term capital gains. Investors will appreciate the low-maintenance aspect of this property, along with the fact that it's fully furnished and ready to generate income from day one so contact us today for more information. To download the information for this property, please copy this link into your web browser: https://www.propertyfiles.co.nz/Waltham10-70 Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Sydenham over the last 12 months, the estimated median property value of 10/70 Waltham Road is $535k.

Median value
$535k
Estimated value range
$1 - $699k
Median days on market
52
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sydenham. 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 10/70 Waltham Road

2024
Sold
$560,000
12 Nov 2024 by Ali Ahmadi, of Ray White Barrington Next Step

Happy sellers in Sydenham

80%
80% of sellers in Sydenham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 65 reviews in Sydenham over the last 12 months.

Local market activity for 2 bedroom houses in Sydenham

In the last 12 months, 22 two-bedroom houses similar to 10/70 Waltham Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sydenham

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Keith MacDonald

Keith MacDonald is a recommended agent for Sydenham.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (55 reviews)
  •  4 Reviews in Sydenham
  •  4 Sales in Sydenham
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Michelle Corkindale

Michelle Corkindale is a recommended agent for Sydenham.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (98 reviews)
  •  4 Reviews in Sydenham
  •  3 Sales in Sydenham
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Vic Raha

Vic Raha is a recommended agent for Sydenham.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (92 reviews)
  •  3 Reviews in Sydenham
  •  4 Sales in Sydenham
View profile
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Debbie Pettigrew

Sellers who recommend Debbie Pettigrew have praised them for being clear communication, local expert, supportive, responsive, hard-working, friendly and honest

  •   4.9   (96 reviews)
  •  3 Reviews in Sydenham
  •  3 Sales in Sydenham
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