29A Cutts Road, Russley

Ideal first home or investment property

29A Cutts Road, Russley, Christchurch 8042

For Sale

Asking Price $420,000 inclusive of GST (if any)

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Listing Reference #4085 . Listed: 13 Feb 2025

Property Specs

  • Bedrooms2
  • Bathrooms1
  • Living Rooms1
  • Garaging1 car (single)
  • Off-street car parks1
  • Floor Area100 m2
  • Land Area566 m2
  • MaterialBrick
  • Levels1
  • TypeUnit
  • TitleCrosslease (fee simple)
  • Year Built1977
  • Rateable Value$490,000

Seller's Description

2 bedroom with single garage.

Crosslease - 1/2 share in 566m2. Front unit of two.

Has been an investment property for the last four years that we’ve owned it. Prior to our ownership, the property has been owner occupied since built in the late 70’s.

Our long term tenants were paying $420pw before we gave notice it was being put up for sale. Median rent in this area for 2-bed properties $523pw. Rental appraisal $475-$495pw.

Ground vapour barrier and new ceiling and floor insulation installed in January 2022. New boundary fence with neighbouring property installed October 2022. New guttering installed October 2024.

Has mortgage and insurance. EQC deed of assignment for small cosmetic claim available.

Special Features

Deck.

Locality / Area

Great transport links to the city centre and SH1. .
Good school zones..

Other Details

Services
  • Water supplyCouncil
  • Septic systemCouncil
Property Condition
  • InteriorWell presented
  • ExteriorWell presented
  • GardenMature garden
LINZ Info
  • Title number: CB18B/622
  • Legal description: Fee Simple, 1/2, Lot 71 Deposited Plan 30814, 566 m2Leasehold, 1/1, Flat 1 Deposited Plan 40850
Chattels

Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Stove. Hob/Cooktop. Oven. Dishwasher. Heat pump. Range hood. Heated towel rails. TV aerial. Wallheaters. Light shades. Clothesline. Blinds. Curtains.

Downloads for 29A Cutts Road, Russley

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