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Off Market

40/868 Colombo St

Christchurch Central Canterbury

1
1
Apartment
Last sold for $275,000
Wendy MarshallWendy Marshall, last sold this property on 04 March 2019 after 7 days on market.

Overview

INNER-CITY ARCHITECTURALLY DESIGNED INVESTMENT

Designed by renowned architect Peter Beaven and located near the heart of the regenerating city centre, the opportunity has arisen for a purchaser to acquire a proven investment in the much-admired St Marys complex. Currently tenanted until 4 May 2019 at $350 per week, investors could either add this property to their portfolio, or those with an eye to the future could enjoy the returns it provides and look to occupy the apartment when the tenancy expires. Securely situated and enjoying a north-facing position on the first floor, this private apartment has an easy-care and compact layout that includes an open plan living area and a balcony, while access to a well-maintained common area provides a larger setting for relaxed alfresco living. The stylish bedroom features a wardrobe and an ensuite that includes a laundry space, with basement carpark ensuring you have an area for your vehicle which is ideal given you're within a comfortable stroll of Victoria Street and the flourishing city centre. Offering comfort, convenience, and low-maintenance living in a safe, relaxed environment this property is guaranteed to appeal to investors who recognise the importance of location. Contact me for more information. Please be aware that this information may have been sourced from REINZ/Property Guru/Land Information New Zealand/District & Regional Councils/Ecan/Cera/Ministry of Education and we have not been able to verify the accuracy of the same.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Christchurch Central over the last 12 months, the estimated median property value of 40/868 Colombo St is $422.5k.

Median value
$422.5k
Estimated value range
$175k - $600k
Median days on market
109
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Christchurch Central. 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 40/868 Colombo St

2019
Sold
$275,000
04 Mar 2019 by Wendy Marshall, of Professionals - Legacy Property Partners Ltd

Happy sellers in Christchurch Central

68%
68% of sellers in Christchurch Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 81 reviews in Christchurch Central over the last 12 months.

Local market activity for 1 bedroom apartments in Christchurch Central

In the last 12 months, 17 one-bedroom apartments similar to 40/868 Colombo St, have been sold.

This represents a 30% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Aaron Pero

Aaron Pero is an award winning recommended agent for Christchurch Central.  They have 11 local sales and collected 11 local reviews across the last 12 months.

  •   5   (56 reviews)
  •  11 Reviews in Christchurch Central
  •  11 Sales in Christchurch Central
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Elisa Jordan

Sellers who recommend Elisa Jordan have praised them for being local expert, clear communication, detail-oriented, dedicated and patient

  •   5   (38 reviews)
  •  7 Reviews in Christchurch Central
  •  3 Sales in Christchurch Central
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Nick Dwan

Sellers who recommend Nick Dwan have praised them for being clear communication, local expert, friendly, well-prepared, honest, reliable and supportive

  •   5   (70 reviews)
  •  5 Reviews in Christchurch Central
  •  4 Sales in Christchurch Central
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Joanna Gu

Sellers who recommend Joanna Gu have praised them for being clear communication, local expert, responsive, hard-working, trustworthy, patient and dedicated

  •   5   (36 reviews)
  •  4 Reviews in Christchurch Central
  •  5 Sales in Christchurch Central
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