Beach Appeal for Tenants or Families - 19 Croucher

Brand-New Beach Grove Home for Investors and Families Designed for savvy investors and families alike, this brand-new turnkey home in the sought-after Beach Grove community offers an attractive combination of modern comfort, practical living and long-term value.

Located at 19 Croucher Street in Kaiapoi, this thoughtfully designed three-bedroom home by Mike Greer Homes presents a strong opportunity for those seeking a low-maintenance family home or a high-performing addition to their rental portfolio.

Positioned just minutes from the beach, the property may appeal to a broader tenant pool while also providing families with convenient access to Pines Beach and the wider North Canterbury lifestyle.

Investment Snapshot Purchase price: $729,000 Rental appraisal: Available on request Estimated gross rental yield: 4.74% Property: 19 Croucher Street, Kaiapoi Property type: Brand-new turnkey home Configuration: Three bedrooms, two bathrooms and internal-access double garage Floor area: 141m² Land area: 276m² Location: Beach Grove, Kaiapoi

Offering 141m² of living on a fully landscaped 276m² section, the home features a practical open-plan layout that connects seamlessly with the outdoor entertaining areas.

The three double bedrooms are well appointed, while the master bedroom includes an ensuite and walk-in wardrobe for added privacy and comfort. A separate family bathroom supports practical everyday living for families, guests or tenants.

With its strong estimated yield, quality construction and proximity to Christchurch, this property represents a reliable investment opportunity within one of North Canterbury’s fastest-growing subdivisions.

Property Features This new home includes three double bedrooms, a master bedroom with an ensuite and walk-in wardrobe, two bathrooms, open-plan kitchen, dining and living areas, stone benchtops, Samsung appliances and an internal-access double garage.

The turnkey package also includes full landscaping, boundary fencing, completed driveways and an internal-access double garage, allowing purchasers to secure a finished home without needing to manage immediate improvement works.

The property is available with a 10% deposit, with the balance payable on completion.

Location highlights Situated in the established Beach Grove community, Kaiapoi Just 900 metres from central Kaiapoi shops, cafes, and amenities Close proximity to local recreation including fishing, cycling, and golf Easy 20-minute commute to Christchurch CBD Strong tenant demand driven by family-friendly local infrastructure Walking distance to Kaiapoi North School and childcare centres

Rental and Yield Information The estimated gross rental yield of 4.74% has been calculated using the current rental appraisal. Full rental appraisal information is available on request.

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

A free investment appliance package and window coverings are included with purchases made during July and August. Terms and conditions apply.

All interior photographs are from previous builds and are provided as an indication of the quality and finishes delivered by Mike Greer Homes.