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6 Glasgow Street, Phillipstown, Christchurch City

Develop, Invest or Nest - Dual Income

gavel

Auction

House
House
Bedroom
4
Bathroom
2
Land area
564m2
Garage
1
On this page:

Auction

Wednesday
5:00pm
02
Sep

Open homes

Thursday
4:30pm - 5:15pm
13
Aug
Saturday
2:00pm - 2:45pm
15
Aug

Property details

Listing # TTK5111540 | Listed on 11 August

Whether you’re chasing development gains, dual rental yields, or a beautiful home with bonus income to help pay the mortgage, this property delivers!

Download the property files here - https://property-files.thenetwork.co.nz/3d0ae61c-14ae-4742-8fb4-dbf836232bbd

Extended families will love the flexibility of multiple sleeping options – three double bedrooms, a work-from-home office, plus the fully self-contained standalone sleepout offering separation for grandparents, teens or guests.

First home buyers can maximise the floor plan with multiple flatmates across the house and sleepout, creating a powerful income stream to help pay down the mortgage faster.

Developers and investors be quick. Positioned on high-density zoned, TC2 land with approx. 14lm frontage and 40lm depth, this 564sqm property comes with serious upside. Hold as a strong rental investment for years to come with dual-income potential or landbank with holding rent while you plan a future townhouse development (LIM and current building report supplied).

The main home blends character and comfort, featuring:

• Aluminium double glazing
• Modern exterior hot water cylinder
• Modernised bathroom with separate toilet and laundry area
• Character kitchen with engineered stone benchtop and excellent storage
• Comprehensive heating (heat pumps in all rooms)
• SmartVent ventilation system ( with new filter)
• Three double bedrooms plus office with mezzanine bunk bed
• Double-glazed conservatory
• Modern garage with workshop, power and motorised door with remote (built 2016)
• Additional rear carport
• Near-new roof and guttering
• Professionally painted exterior weatherboards (2022)
• Rimu hallway paneling and decorative fire surrounds, preserving the villa’s timeless appeal and offering plenty of scope to further enhance aesthetics and add value
• Upgraded concrete driveway and drainage
• Off street parking - two front, one back

Bonus: Fully consented Sleepout with kitchenette and bathroom facilities

With the CBD and Eastgate Shopping Centre within easy reach, this increasingly popular location puts convenience right on your doorstep. Walk to the stadium, central city shopping, restaurants and bars, with local schools and parks also close by. Leave the car at home and enjoy everything this location has to offer.

Investors, developers and savvy home buyers – this is the opportunity you’ve been waiting for. A desirable combination of character, modern upgrades, strong income potential and development zoning are rare - act quickly to secure it.

Auction: To be held 5pm, Wednesday 2nd September 2026 (unless sold prior) at Harper Auction Rooms – The Real Estate Collective – 8 Cranford Street, Edgeware Village, Christchurch.

Disclaimer: This property has not been assessed for Healthy Homes compliance. Rental investors/developers are advised to carry out their own due diligence to meet the Healthy Homes standards.


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Additional features

Rates
Rates: $3,537

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