Back 987 Colombo Street
Off Market

987 Colombo Street

St Albans Canterbury

2
1
51 m²
271 m²
House
Last sold for $421,000
Gerardo Guzman RomanGerardo Guzman Roman, last sold this property on 10 February 2026 after 22 days on market.

Overview

Mortgagee Sale - Location and Future Potential

Set in the ever-popular suburb of St Albans, this freehold two bedroom character cottage at 987 Colombo Street presents a rare opportunity just 1.8km from Christchurch's CBD. Zoned for some of the city's most sought-after schools, Christchurch Boys' High, Christchurch Girls' High, and Burnside High. The location alone makes this a standout. The existing dwelling with a single garage, offers opportunity for those looking to restore and revitalise a classic home. Alternatively, the property's MRZ zoning unlocks significant development potential, providing options to build your dream home, create a home and income, or fully develop the site and capitalise on this high demand area. Whether you're a renovator, developer or investor, this is a property where location, zoning, and opportunity converge. The choice is yours - restore, rebuild, or redevelop. Tender 2PM, Wednesday 11 February (will not be sold prior) To download the information for this property, please copy this link into your web browser https://www.propertyfiles.co.nz/property/UCH31420

Features

2 bedrooms
1 bathroom
51 m² floor area
271 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in St Albans over the last 12 months, the estimated median property value of 987 Colombo Street is $580k.

Median value
$580k
Estimated value range
$330k - $2.05m
Median days on market
36
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in St Albans. 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 987 Colombo Street

2026
Sold
$421,000
10 Feb 2026 by Gerardo Guzman Roman, of Ray White Cashmere Next Step
2024
Sold
16 Dec 2024 by Stewart Ching, of Glass Miles Ltd

Happy sellers in St Albans

70%
70% of sellers in St Albans reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 160 reviews in St Albans over the last 12 months.

Local market activity for 2 bedroom houses in St Albans

In the last 12 months, 21 two-bedroom houses similar to 987 Colombo Street, have been sold.

This represents a 340% decrease in two-bedroom houses sales when compared to the previous 12 months.

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