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New Belfast Investment, 4.7% Gross Yield

Investr Limited

Listed 23 Jul

28 Don Peebles Way, Belfast, Christchurch City, Canterbury

Asking price $735,000

Bed3
Bath2
Land area165m²
Floor area116m²

Details

3 bedrooms
2 bathrooms
1 Lounge
1 Ensuite
1 Garage parking
House
Floor area
116m²
Land area
165m²
Property interior
Property interior

New Belfast Investment, 4.7% Gross Yield

Brand-New Turnkey Investment in Spring Grove Priced at $735,000, this brand-new Spring Grove home offers an estimated gross rental yield of 4.7% in a growing North Christchurch location.

With a turnkey structure, low-maintenance design and broad tenant appeal, this is a smart option for investors seeking a quality new-build property with clear rental potential and minimal immediate upkeep.

Investment Snapshot Purchase price: $735,000 Rental appraisal: Available on request Estimated gross yield: 4.7% Property: House 15, as shown on the attached site plan Property type: Brand-new turnkey home Configuration: Three bedrooms, two bathrooms and internal-access garage Tenant appeal: Professionals, couples, small families and downsizers Location: Spring Grove, Belfast

Designed with practical, easy-care living in mind, the three-bedroom, two-bathroom layout provides broad tenant appeal. The master bedroom includes an ensuite and walk-in wardrobe, giving the home an added sense of space and comfort.

The open-plan kitchen, dining and living area creates a functional everyday living space, complemented by stone benchtops, quality appliances, a separate laundry and internal-access garaging.

The home also comes complete with full landscaping, allowing investors to secure a finished, low-maintenance property without needing to manage renovations, landscaping or immediate improvement work.

Property Features Three bedrooms Two bathrooms Master bedroom with ensuite and walk-in wardrobe Open-plan kitchen, dining and living area Modern kitchen with stone benchtops Quality appliances Separate laundry Fully landscaped section Internal-access garage Brand-new turnkey package 10% deposit, with the balance payable on completion

Convenient North Christchurch Location Spring Grove, Belfast is positioned within one of North Christchurch’s growing residential areas, offering convenience and strong tenant appeal.

The development provides easy access to local shops, supermarkets, schools, reserves, golf courses and key transport routes, while remaining within easy reach of central Christchurch.

This location offers an attractive combination of suburban convenience, modern new-build living and accessibility across the wider city.

Rental and Yield Information The estimated gross yield has been calculated using the current rental appraisal against the $735,000 purchase price. Rental appraisal information is available on request.

Purchasers should complete their own due diligence and seek independent financial, legal and property advice.

This listing relates to House 15, as identified on the attached site plan. Photos are indicative only.

Agent updates

Agent

0% Deposit and $10k cash back! Offer expires 30th September + FREE Curtain package included! Call me today to secure your next investment - Tue, 15 Sep

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28 Don Peebles Way has been viewed 2,093 times since it was first listed on 23 July. There are 23 people keeping an eye on it.

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Local Schools

  • PŪTAHI BELFAST SCHOOL700 Main North RoadRoll: 453
  • ST BEDE'S COLLEGE210 Main North RoadRoll: 795
  • MARIAN COLLEGE2 Lydia StreetRoll: 427
  • ST JOSEPH'S SCHOOL (PAPANUI)4 Vagues RoadRoll: 448
  • PAPANUI HIGH SCHOOL30 Langdons RoadRoll: 1416
  • EMMANUEL CHRISTIAN SCHOOL322A Sawyers Arms RoadRoll: 301
  • CHRISTCHURCH ADVENTIST SCHOOL15 Grants RoadRoll: 293
  • TE PUNA WAI O WAIPAPA - HAGLEY COLLEGE510 Hagley AvenueRoll: 1967
  • VILLA MARIA COLLEGE21 Peer StreetRoll: 831
  • MIDDLETON GRANGE SCHOOL30 Acacia AvenueRoll: 1395
  • ST THOMAS OF CANTERBURY COLLEGE69 Middlepark RoadRoll: 686
  • KIDSFIRST KINDERGARTENS BELFAST672 Main North RoadRoll: 40
  • BELFAST PLAYCENTRE710 Main North RoadRoll: 13
  • WILDHEART BELFAST2 Chrysolite PlaceRoll: 17
  • CREATIVE CUBS796 Main North RoadRoll: 33
  • BESTSTART NORTHWOOD1 O'Neill AveRoll: 58
  • REDWOOD SCHOOL (CHRISTCHURCH)51 Prestons RoadRoll: 303
  • ŌURUHIA MODEL SCHOOL21 Turners RoadRoll: 20
  • TE RITO HARAKEKE - MARSHLAND SCHOOL11 Te Korari StreetRoll: 609
  • TE KURA O MATARANGI - NORTHCOTE SCHOOL26 Tuckers RoadRoll: 162
  • PAPANUI PRIMARY SCHOOL40 Winters RoadRoll: 236
  • CASEBROOK INTERMEDIATEVeitches RoadRoll: 438
  • MAIREHAU HIGH SCHOOLHills RoadRoll: 407
  • MAIREHAU PRIMARY SCHOOL43 Mahars RoadRoll: 386
  • ST FRANCIS OF ASSISI CATHOLIC SCHOOL370 Innes RoadRoll: 476
  • ST ANDREW'S COLLEGE (CHRISTCHURCH)347 Papanui RoadRoll: 1650
  • ST MARGARET'S COLLEGE12 Winchester StreetRoll: 866
  • RANGI RURU GIRLS' SCHOOL59 Hewitts RoadRoll: 704
  • AVONSIDE GIRLS' HIGH SCHOOL209 Travis RoadRoll: 1090

Location info

28 Don Peebles Way, Belfast, Christchurch City, Canterbury

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Grace Murphy

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