Deadline Sale (unless sold prior)

112 Peverel Street & 2 Piko Crescent, Riccarton, Christchurch, Canterbury

5

2

HouseListed Two Days Ago

Riccarton 5 Bedroom Development Opportunity-Two Titles-AS IS WHERE IS

Seize this rare opportunity to secure a 1,219sqm development site spanning two freehold titles. Zoned Residential Suburban Density Transitional, this site offers flexibility for developers, renovators, and 'As Is, Where Is' buyers looking to maximise value in a high-demand area.

Key highlights:

• Development Potential - Explore options for multi-unit housing under recent planning changes.

• Two Street Frontages - Ideal for access, design flexibility, and site optimisation.

• Strategic Location - Close to key amenities, transport links, schools and University.

• Zoned for Christchurch Girls High and Boys High Schools

With ongoing changes to planning rules, this site presents multiple pathways for development, from townhouses to a comprehensive multi-unit build. If you're looking to capitalise on a site that offers both scale and versatility, this is an opportunity not to be missed.

Deadline Sale: All offers to be presented on or before 4pm, 18 March 2025 (unless sold prior)

Location

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Council Data

Last update : 2025 02 26

Improvement value$105,000Reduced by -16% from year 2019

Land value$425,000Increased by 80% from year 2019

CV(Year 2022 Month 08)$530,000Increased by 47% from year 2019

View typeNo appreciable view

ContourLevel

Land area646m²

Floor area78m²

Decade of construction1940

TitleCB45C/849

Type of titleFreehold

Legal descriptionLOT 1 DP 79556

CouncilChristchurch

Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 79556,646m2

ConstructionExternal Walls: Roughcast
Roof: Iron

ConditionExternal Walls: Average
Roof: Average

ZoningResidential Suburban Density Transition

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Wharenui School	0.51 km	Primary	1-8	Government	Co-Educational	EQI: 461	3	Detail
Kirkwood Intermediate	0.60 km	Secondary	7-8	Government	Co-Educational	EQI: 439	7	Detail
Christchurch Boys' High School	1.13 km	Secondary	9-15	Government	Single Sex-Boys	EQI: 413	10	Detail
Middleton Grange School	1.25 km	Combined	1-13	Government	Co-Educational	EQI: 406	9	Detail
Christchurch Girls' High School -Te Kura o Hine Waiora	1.90 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 411	9	Detail
Villa Maria College	2.03 km	Secondary	7-15	Government	Single Sex-Girls	EQI: 407	9	Detail
Riccarton High School	2.05 km	Secondary	9-15	Government	Co-Educational	EQI: 442	6	Detail
Te Puna Wai o Waipapa - Hagley College	2.56 km	Secondary	9-15	Government	Co-Educational	EQI: 472	6	Detail
St Thomas of Canterbury College	2.85 km	Secondary	7-15	Government	Single Sex-Boys	EQI: 427	8	Detail
Christchurch Adventist School	4.17 km	Combined	1-13	Government	Co-Educational	EQI: 438	5	Detail

Property history

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Surrounding facilities

Peverel Street Neighborhood and Surrounding Data
Peverel Street neighborhood is a sub-region located within Riccarton city

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
31 Piko Crescent, Riccarton	0.19 km	2	1	90m²	Year 2024 Month 12 Day 16	-	Council approved
7 Centennial Ave, Riccarton	0.15 km	8	2	-m²	Year 2024 Month 12 Day 11	-	Council approved
16a Piko Crescent, Riccarton	0.13 km	5		129m²	Year 2024 Month 11 Day 21	$820,000	Council approved
2/91 Wainui Street, Riccarton	0.17 km	2	1	100m²	Year 2024 Month 11 Day 08	$580,000	Council approved
3 Huia Street, Riccarton	0.12 km	3	1	85m²	Year 2024 Month 10 Day 14	-	Council approved