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Positioned in one of Christchurch's most sought-after and amenity-rich residential pockets, 2/62 Elizabeth Street represents a premier opportunity for first-home buyers, investors, downsizers, and young professionals alike. Constructed in 2021 on a Freehold title, this low-maintenance home balances modern architectural quality with total everyday convenience.
THE LOCATION FLEX
Situated just a short stroll from Westfield Riccarton, residents enjoy effortless access to the region's primary shopping, dining, and entertainment precinct. With seamless public transport links, Hagley Park, Christchurch Hospital, and the Central City all within a few minutes' reach, long-term capital growth and tenant demand are assured.
PROPERTY HIGHLIGHTS
- 2021 Quality Construction: High-spec, energy-efficient build offering low-maintenance living.
- Freehold Title: Enjoy full land ownership without the hassle or expense of body corporate rules and fees.
- Dedicated Off-Street Car Park: Includes an allocated off-street parking space-a highly coveted feature for central one-bedroom properties.
- Chef's Kitchen & Storage: Featuring 20mm engineered stone benchtops, premium appliances, and generous integrated storage solutions throughout.
- Turnkey Chattel Package: Sold complete with all whiteware included, making it 100% ready for owner-occupiers or tenants.
INVESTMENT SUMMARY
For the astute buyer seeking immediate yield, the property is currently tenanted at $480 per week, providing revenue from the day of settlement without downtime, fit-out costs, or setup friction.
KEY DETAILS
Floor Area: 60m2 (more or less)
Land Area: 133m2 (more or less)
CV: $560,000
LV: $270,000
IV: $290,000
Rates: $3650.50
Built: 2021
Rental Appraisal: $480.00 per week
Residents Association Fees: $2,429.76
Legal Description: Lot 2 Deposited Plan 555171 and Lot 8 Deposited Plan 555171
Certificate of Title: 966562
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.
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