Buy One or Both!

116 & 116A Holly Road, Merivale - Christchurch City

  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Car Spaces
Listing ID MVE6421

The perfect investment opportunity for those who appreciate the value of ‘location’. This is a great find – permanent material units, offering 2 rental streams on a Cross Lease Title.

– Unit 116 (on the corner) has 2 bedrooms, 1 bathroom and a single freestanding garage. This unit is vacant, so available for immediate possession.
– Unit 116a has 2 bedrooms, 1 bathroom and a single freestanding garage. This unit is tenanted on a fixed term contract until 23 March 2020 but the tenant would love to stay on.

Light, bright and filled with warmth are the first impressions as you enter the open plan living area. Framing these north facing sun-drenched properties, are tidy fully fenced private gardens.

This package will continue to provide a good income in this sought-after suburb, close to Merivale Mall but also a pleasant stroll to the vibrance of Victoria Street and our emerging city.

Excellent zoned schools include CBHS, CGHS, Heaton Intermediate and St Albans School.

Our owner has given us firm instructions that this will be sold on or before auction day!

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* Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.


Land Size 607 sqm
Property Type Block of units
Roof Concrete and Tile
Tenure Crosslease (freehold)
Approx year built 1955
Property condition Good
Garaging / carparking 2 x single lock-up, Off street, Free standing
Construction Brick
Joinery Timber
Insulation Floor, Ceiling
Flooring Other (Rimu) and Vinyl
Window coverings Drapes, Blinds
Heating / Cooling Other (Heat pump x 2)
Chattels remaining Fixed floor coverings, Light fittings, Extractor fan x 2, Fridge/Freezer x 2, Microwave x 2, Dishwasher x 1, Upright stove x 2, Washer/Dryer x 2, Heat pump x 2, Heated towel rail x 2, Smoke Detectors, TV Aerial, TV points, Bathroom exhaust fan x 2, Bathroom heater x 2, Blinds, Drapes, Clothesline x 2, Garden shed x 1
Kitchen Original, Separate and Finished in Stainless steel, Laminate and Other (Tiles)
Living area Open plan
Main bedroom Double and Built-in-robe
Bedroom 2 Single and Built-in / wardrobe
Main bathroom Separate shower
Laundry In kitchen
Views Private, Urban
Aspect North
Outdoor living Garden, Verandah
Fencing Fully fenced
Land contour Flat
Grounds Tidy
Water heating Gas
Water supply Town supply
Sewerage Mains
Locality Close to transport, Close to shops, Close to schools
Contact agent for more information

Lesley Falconer

+64 21 026 00551

175 Papanui Road

Enquiry Form