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House for Sale

103 Colombo Street Somerfield, Christchurch City

Deadline Sale - 30 OctDeadline Sale
  • 8 Beds
  • 4 Baths

Inspection and deadline sale details

  • Inspection:Sunday
    12October
    2:45pm - 3:15pm
  • Deadline Sale
    30October
    Thursday
Request an inspection
103 Colombo Street, Somerfield, Christchurch City

House for Sale in Somerfield

Diverse Income from Four Tenancies

  • 8 Beds
  • 4 Baths
Listed By:
Ray White Town & LifestyleTown & Lifestyle Real Estate Ltd Licensed (REAA 2008)

PROPERTY FILES:
https://www.propertyfiles.co.nz/property/103ColomboStreet

Constructed in 2013, this post-quake development at 103 & 105 Colombo Street presents a rare opportunity to secure four separate homes on a single title. Designed for durability, low maintenance, and strong yield potential, this fully maintained property is the ideal turnkey investment.

Currently returning $2,065 per week across all tenancies, the homes are fully occupied and demonstrate excellent income security. The total floor area of 304sqm sits on generous 764sqm grounds, thoughtfully designed for both tenant comfort and investor peace of mind.

Each of the four homes features:

  • Two bedrooms
  • Family bathroom
  • Dedicated laundry space
  • Open plan kitchen, dining, and living area
  • Comprehensive chattels package including all-in-one washer/dryer, fridge/freezer, double and single beds, and more
  • Off-street parking for each home

Additional features:

- The rear two homes enjoy generous backyard spaces, perfect for tenants or Airbnb guests
- Bus stop at the front providing easy access to Christchurch CBD

Location Highlights:

Positioned in highly sought-after Somerfield, residents benefit from both convenience and lifestyle:

  • Christchurch CBD - quick access for work, shopping, and dining
  • City South Library & Cafe - just minutes away
  • Cashmere Club - local community and sports hub
  • Malthouse Theatre - arts and entertainment nearby
  • Parks & walkways - riverside tracks and green reserves for outdoor recreation
  • Port Hills - walking, running, and biking trails on the doorstep
  • Christchurch Adventure Park - premier destination for mountain biking
  • School zoning - highly desirable Cashmere High School, plus local primary schools

Flexible Investment Options:

With four modern homes on one title, this property provides exceptional versatility. Maintain the strong tenancies for consistent income, or explore short-term accommodation options such as Airbnb to maximise returns.

A rare, complete portfolio investment in a premium location - a truly turn-key opportunity not to be missed.

Deadline Sale - All offers to be considered on or before 4pm Thursday 30th October 2025 - unless sold prior.

For a private viewing and/or a full information pack on this listing please contact Rowan Shepherd on rowan.shepherd@raywhite.com

Features:
  • Electric Hot Water
  • Modern Kitchen
  • Open Plan Dining
  • Combined Bathroom/s
  • Off Street Parking
  • Partially Fenced
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Street Frontage
  • Public Transport Nearby
  • Shops Nearby

See all features

Chattels:
  • Cooktop Oven
  • Fixed Floor Coverings
  • Blinds
  • Light Fittings
Property ID:

LIC31123

Building:

304m²

Land:

764m² / 0.19 acres

Bedrooms:

8

Bathrooms:

4

Listed By:
Ray White Town & LifestyleTown & Lifestyle Real Estate Ltd Licensed (REAA 2008)
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