Brand-New Hornby Investment - 5% Gross Yield

Listed 6 Jul
2/4 Akoranga Place, Hornby, Christchurch City, Canterbury
Asking price $699,000
Details
- Floor area
- 128m²
- Land area
- 153m²


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

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