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Townhouse for Sale in Merivale
Yield Monster - Merivale: The PRA Standard
- 1 Bed
- 1 Bath
Additional Information:
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Ray White AddingtonNext Step Realty Limited Licensed (REAA 2008)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.
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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
ADN31185
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Listed By:
Ray White AddingtonNext Step Realty Limited Licensed (REAA 2008)Additional Information:
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