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60 Aldwins Road, Phillipstown, Christchurch, Canterbury, 5 Bedrooms, 2 Bathrooms, House

$719,000

60 Aldwins Road, Phillipstown, Christchurch, Canterbury

5
2
2
896m2
HouseListed on Thu Jan 23

Phillipstown 5 Bedroom Multi Units, Invest now

A tidy investment property with future underlying land development opportunities. Two homes/units, on one title, with garages in between, one 3 bedroom and one 2 bedroom. Currently returning $780 total per week.

Sited on 896 sqm of RSDT land gives this offering a real boost and will fit into anyone's portfolio. As you drive around the locality we see multiple new homes, some with no garaging, some with no carparks, which gives these rental homes the edge over their competitors. An upgrade to these and your returns will be impressive. Due to the excess land available potential really does exist to increase the yield on the site with the addition of extra homes. The Zone RSDT allow for more intensification. Come and view. Then, make up your own opinion, I'm sure it will be positive.

The current tenants are both very keen to stay on, so an easy transition awaits you.

Call me to make a time to view it at your convenience - Dougal 0275343869

To download property files, copy and paste the following link into your browser:

https://www.propertyfiles.co.nz/property/883430003

Please be aware that this information may have been sourced from RPNZ/Property Smarts/Land Information New Zealand/Christchurch City Council/CERA and we have not been able to verify the accuracy of the same.

Location

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Council Data

Last update : 2025 02 26
Improvement value$430,000Reduced by -7% from year 2019
Land value$380,000Increased by 158% from year 2019
CV(Year 2022 Month 08)$810,000Increased by 32% from year 2019
View typeNo appreciable view
ContourLevel
Land area896m²
Floor area210m²
Decade of construction1970
TitleCB23F/118
Type of titleFreehold
Legal descriptionPT LOT 85 DP 546
CouncilChristchurch
Estate descriptionFSIM,1/1,PART LOT 85 DEPOSITED PLAN 546,1004m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban Density Transition

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Aratai College
0.16 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Linwood Avenue School
0.72 km
Primary
1-6
Government
Co-Educational
EQI: 511
2
Marian College
1.78 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Hillview Christian School
2.19 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Te Puna Wai o Waipapa - Hagley College
3.65 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
6.42 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
7.40 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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Surrounding facilities

Aldwins Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
58 Randolph Street, Woolston
0.15 km
3
1
-m2
Year 2025 Month 02 Day 05
-
Council approved
4/33 Aldwins Road, Waltham
0.23 km
3
2
144m2
Year 2024 Month 12 Day 23
$420,000
Council approved
0.19 km
2
1
84m2
Year 2024 Month 10 Day 21
$499,000
Council approved
0.24 km
3
1
86m2
Year 2024 Month 09 Day 07
$670,000
Council approved
10/9 Marcroft Street, Woolston
0.20 km
2
1
71m2
Year 2024 Month 09 Day 03
-
Council approved

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Ref:RN26896Last update:2025-02-17 16:45:37