Positioned in one of Christchurch's most sought-after and convenient suburbs, 2/16 Peverel Street presents an exciting opportunity for buyers seeking a low-maintenance home with genuine investment appeal.
Well-proportioned and easy to live in, this 2 bedroom residence offers practical living, complemented by a bathroom and secure garaging. Its established layout and manageable footprint make it an appealing choice for first-home buyers, downsizers and, importantly, investors looking for a property with strong rental appeal.
Location is a key advantage. With Riccarton's extensive amenities, shopping, public transport, schools and employment hubs all within easy reach, the property is exceptionally well placed to attract a broad and consistent tenant market.
For investors, the fundamentals are compelling. The property has an established rental history, having previously achieved $495 per week, while comparable two-bedroom properties throughout Riccarton continue to demonstrate solid rental demand.
Whether you're looking to secure your first home, add a dependable asset to your portfolio or make a smart move into a tightly held central suburb, 2/16 Peverel Street offers the combination of location, practicality and long-term potential that savvy buyers will appreciate.
A proven location. A practical home. An opportunity worth considering.
DEADLINE: Wednesday 23rd September 2026, 4:00PM (unless sold prior)
KEY DETAILS:
Floor Area: 98sqm
Land Area: 1/4 Share in 1011sqm
CV: $590,000
LV: $325,000
IV: $265,000
Built: 1995
Insured: Gallagher & Co, Policy #221-ON1N0, Insured for: $405,162.00
School Zones: Wharenui School, St Teresa's School, Kahikatea Kirkwood Intermediate, Hagley College, Christchurch Boy's High School, Christchurch Girl's High School
Legal Description: FLAT 2 DP 56934 ON LOT 49 DP 552
Certificate of Title: CB33F/867
PROPERTY DOCUMENTATION
https://www.najibrealestate.co.nz/216-Peverel-Street-Riccarton-2
*The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.
Selling your home? We'll help make the move easier.
With Najib Concierge, eligible Selwyn sellers can receive up to $5,000 in support towards staging, cleaning, moving and more when they list and sell with Najib Real Estate.
Find out more https://www.najibrealestate.co.nz/najib-concierge/
*T&Cs apply. Offer valid between 17th Aug-31st October 2026.
