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Ray White Addington (Wright Track Real Estate Ltd), (Licensed: REAA 2008)
Ali Ahmadi Ali Ahmadi

29 Berry Street, Merivale

Asking price $435,000

Listing Description

Listed: Fri, 13 Mar

Yield Monster - Merivale: The PRA Standard

29 Berry Street, Merivale, Christchurch City, Canterbury

Details

  •   1 Bed
  •   1 Bath
  •   1 Living area
AttributeValue
Property type
Townhouse
Agency reference
ADN31183
Broadband in the areaFibre, ADSL, Satellite, VDSL, Wireless

Description

Most developers build to a budget-PRA Developments builds to a standard. 29 Berry Street is a masterclass in combining an elite blue-chip location with design intelligence engineered for maximum return.

This exclusive collection of 10 brand-new townhouses is purpose-built to outperform standard market stock. Currently under construction and due for completion in Q4 2026, this is a time-sensitive opportunity to secure a high-performance asset in Christchurch's most sought-after pocket before the year-end surge.

The Investment Opportunity

  • Strategic Pricing: Units 1-5 are positioned at $435,000, with Units 6-10 offered at $460,000.
  • The Yield Monster: Architecturally designed to maximize rental income, with market appraisals projecting up to $480 per week for two-level units.
  • Rental Assessment: Ground-level units are appraised at $430 - $470 per week, offering exceptional yield potential.
  • The Airbnb Loophole: Strategic consent is already in place, providing the ultimate flexibility to tap into high-yield short-term accommodation or premium long-term tenancies.
  • Modern Living: Every residence features a private courtyard or balcony, complemented by a professionally landscaped communal BBQ and garden area.

Built to The PRA Standard

  • Executive Interiors: Featuring 20mm engineered stone benchtops, premium Fisher and Paykel appliances, and custom-tiled bathrooms with tiled showers.
  • Thermal Superiority: Engineered for comfort with thermally broken, double-glazed windows featuring Low E and Argon Gas.
  • Low-Maintenance Logic: Constructed with high-performance Abodo weatherboard and Specialized AAC panels for an enduring, sophisticated look.
  • Elite Security: Every home is equipped with a Schlage Ascent Digital Lock for a seamless, keyless lifestyle.

The Blue-Chip Merivale Connection

Capture the highest-quality tenant profile in Christchurch within a 15-minute radius of the city's premier hubs:

  • Merivale Mall and FreshChoice: 1.5km.
  • Abberley and St Albans Parks: Within 1.3km.
  • Hagley Park and Christchurch Hospital: Within 3.0km.

To download the information for this property, please copy this link into your web browser: https://www.agentsend.com/FJYH

Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice


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Property Files

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Local Schools




While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



Ray White Addington (Wright Track Real Estate Ltd), (Licensed: REAA 2008)
Ali Ahmadi

Ali Ahmadi

72 Reviews
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Ali Ahmadi

Ali Ahmadi

72 Reviews

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Ray White Addington (Wright Track Real Estate Ltd), (Licensed: REAA 2008)

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