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Brand-New Hornby Investment - 5% Gross Yield

Investr Limited

Listed 6 Jul

2/4 Akoranga Place, Hornby, Christchurch City, Canterbury

Asking price $699,000

Bed3
Bath3
Land area153m²
Floor area128m²

Details

3 bedrooms
3 bathrooms
1 Lounge
1 Ensuite
1 Garage parking
Townhouse
Floor area
128m²
Land area
153m²
Property interior
Property interior

Brand-New Hornby Investment - 5% Gross Yield

First Open Homes Starting 7 October!

Positioned within Te Whata Tuatoru, this brand-new three-bedroom, three-bathroom home offers a smart turnkey opportunity in a convenient Hornby location.

3 minutes to Dress Smart!! 10 minutes to University of Canterbury 15 minutes to Lincoln University 20 minutes to Central City

Nearing completion, this home is well suited to investors, first-home buyers, professionals, families, and those wanting a low-maintenance new build with strong tenant appeal.

With a flexible three-bedroom, three-bathroom layout, internal access garaging, quality finishes, and a turnkey purchase structure, this is an attractive option for purchasers looking for a modern home in an established and well-connected part of Christchurch.

Investment Snapshot Purchase price: $699,000 Rental appraisal: Available on request Estimated gross yield: 5% Estimated gross yield: Available in investor pack Property type: Brand-new turnkey home Configuration: 3 bedrooms, 3 bathrooms, internal access garage Tenant appeal: Professionals, couples, small families, flatmate groups and downsizers Location: Te Whata Tuatoru, Hornby

Property Features Brand-new three-bedroom, three-bathroom home Turnkey package with 10% deposit and balance on completion Open-plan kitchen, dining, and living area Ground-floor bedroom and bathroom, ideal for flexibility Master bedroom with ensuite and walk-in wardrobe Internal access single garage Stone benchtop Samsung appliances Digital key entry Fully landscaped section with driveways included 10-Year Registered Master Build Guarantee

Why Investors Will Like It This property offers a practical and flexible layout, with three bathrooms creating strong appeal for tenants who value privacy and convenience.

The ground-floor bedroom and bathroom also broaden the buyer and tenant market, making the home suitable for flatmates, guests, multi-generational living, or those wanting separation between living and sleeping zones.

With a turnkey structure, purchasers can secure the property now with a deposit and pay the balance on completion, providing time to plan lending, settlement, and tenant placement closer to completion.

Location Benefits Te Whata Tuatoru offers a quiet, centrally located setting in Hornby, with everyday amenities close by.

The property is conveniently located near South Hornby Primary School, Hornby Hub, Dress-Smart, local shops, services, and public transport options.

State Highway 1 is also easily accessible from Seymour Street, providing straightforward connections across Christchurch, to the airport, and beyond.

Rental/Yield Note Gross yield is calculated using the rental appraisal against the $699,000 purchase price. Purchasers should complete their own due diligence and seek independent advice.

Contact Grace for more details or to arrange a private viewing.

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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2/4 Akoranga Place has been viewed 3,369 times since it was first listed on 6 July. There are 42 people keeping an eye on it.

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Local Schools

  • TE MANU TUKUTUKU SOUTH HORNBY SCHOOL35 Amyes RoadRoll: 310
  • HORNBY HIGH SCHOOL180 Waterloo RoadRoll: 1015
  • ST BERNADETTE'S SCHOOL (HORNBY)74 Hei Hei RoadRoll: 166
  • ST THOMAS OF CANTERBURY COLLEGE69 Middlepark RoadRoll: 686
  • VILLA MARIA COLLEGE21 Peer StreetRoll: 831
  • MIDDLETON GRANGE SCHOOL30 Acacia AvenueRoll: 1395
  • TE PUNA WAI O WAIPAPA - HAGLEY COLLEGE510 Hagley AvenueRoll: 1967
  • CHRISTCHURCH ADVENTIST SCHOOL15 Grants RoadRoll: 293
  • KIDSFIRST KINDERGARTENS HORNBY17 Brynley StreetRoll: 34
  • TE KŌHANGA REO O TE HOROMAKO O TE HURUHURU4 Gregory AvenueRoll: 23
  • HORNBY PRIMARY SCHOOL190 Waterloo RoadRoll: 275
  • BARNARDOS HORNBY PASIFIKA EARLY LEARNING CENTRE190 A Waterloo RoadRoll: 52
  • BESTSTART HEI HEI16 Hei Hei RoadRoll: 86
  • BRYNLEY STREET NURSERY & PRESCHOOL68 Brynley StreetRoll: 44
  • GILBERTHORPE SCHOOL221 Buchanan’s RoadRoll: 236
  • WIGRAM PRIMARY SCHOOL - TE PIKI KĀHU5 The RunwayRoll: 492
  • KNIGHTS STREAM SCHOOL- MINGIMINGI HAUTOA1 Killarney AvenueRoll: 682
  • OUR LADY OF VICTORIES106 Main South RoadRoll: 263
  • PREBBLETON SCHOOLBlakes RoadRoll: 573
  • TE PARITO KŌWHAI RUSSLEY SCHOOL75 Cutts RoadRoll: 440
  • TE KĀPEHU RICCARTON SCHOOL1 English StreetRoll: 371
  • RICCARTON HIGH SCHOOL31 Vicki StreetRoll: 1111
  • AIDANFIELD CHRISTIAN SCHOOL2 Nash RoadRoll: 477
  • TE KURA TUARUA O HOROMAKA HILLMORTON HIGH SCHOOLTankerville RoadRoll: 1415
  • BURNSIDE HIGH SCHOOL151 Greers RoadRoll: 2736

Location info

2/4 Akoranga Place, Hornby, Christchurch City, Canterbury

Tour the property

There are currently no open home times scheduled, please reach out to the agent to find a time.

Grace Murphy

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