Wholesale Property

HURLEY DRIVE, FARINGDON WEST, ROLLESTON, CANTERBURY, OFF THE PLAN HOUSE & LAND

• Well designed, high quality, low maintenance house & land in Canterbury growth suburb.

• 5 x 4 bed, 2 bath with double garage, off the plan house and land packages

• Opportunity for additional capital growth before settlement in early 2022.

• Prices: $545k - $569.5k

• 59% of dwellings in this suburb have 3 - 6 occupants and 41% have annual household income of $100k+

• The new $500m inland port and industrial park developments in Rolleston are helping drive demand.

• The Christchurch market is undervalued based on the historical growth performance and growing gap between Christchurch and national average. The earthquakes in 2010 and 2011 and city rebuild have interrupted the growth cycle.

ROLLESTON HOUSE MARKET PERFORMANCE

Market data sources: Real Estate Investar, Tenancy Services, REINZ, One Roof

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate.

DESIGN AND PRICE OPTIONS

• Lot 186: $569,500

• 4 bed, 2 bath, 2 car garage

PRICE AND AVAILABILITY SUMMARY

Note: The NSA/Net Sqm/Int. SQM area is calculated from the mid-point of the inter-tenancy wall to the external face of the façade as per PCNZ Guidelines.

PROJECT OVERVIEW

Faringdon is a master-planned community featuring wide tree-lined streets and fully serviced building sections 25kms South of Christchurch city in the township of Rolleston. And thanks to the new motorway (completed 2019) only minutes from the main arterial roads making local town and the city even closer. Located in the Selwyn District, it is considered a satellite town of Christchurch City, with a population of over 21,900 (June 2020).

With plenty of green space and a strong infrastructure, Faringdon, Rolleston offers a lifestyle choice unlike any other. The district is home to many businesses and vocational opportunities – including Lyttelton Port Company, The Warehouse, NZ Military Army to name a few. Faringdon is a fully master planned development, including many facilities such as parks, playgrounds and schools nearby. This is one of New Zealand’s fastest growing areas.

Selwyn Aquatic Centre

Not many communities have a world class facility such as the Selwyn Aquatic Centre of their own. With 4 pools– Main, Hydrotherapy, Learning, and Leisure. Together with a lazy river feature, there’s something for everyone. There’s plenty on as well, with activities such as Aqua Fitness, and Selwyn Swim School.

Foster Park

A major sport and recreation park with 10 playing fields – 6 under lights catering for hockey and football, half hockey turf, 2 artificial cricket wickets, as well as fields for rugby, touch rugby, softball and baseball in the future. The park also includes extensive casual recreation, picnicking, and playground spaces for all.

Places to visit, to discover.

Rolleston is central to a great array of rural places to explore and enjoy. With a diverse range of fun activities on offer in the district, you and your family will soon discover why Rolleston is one of Canterbury’s, and New Zealand’s, fastest growing communities. From the coast where you can fish, surf and swim, to the mountains for tramping, camping, and skiing. Nearby Banks Peninsular is a popular destination with its many bays, coves, and beaches to visit. Or, why not indulge yourself with a visit to one of many excellent wineries and eateries in and around the area. For more information on what’s happening in and around here, visit Sensational Selwyn website http://www.sensationalselwyn.co.nz

CHRISTCHURCH OVERVIEW

Christchurch is the largest city in the South Island of New Zealand and the heart of the Canterbury Region. The Christchurch urban area lies on the South Island's east coast, just north of Banks Peninsula. It is home to 404,500 residents, making it New Zealand's third-most populous city behind Auckland and Wellington.

The city suffered a series of earthquakes between September 2010 and January 2012, with the most destructive of them occurring at 12.51 p.m. on Tuesday, 22 February 2011, in which 185 people were killed and thousands of buildings across the city collapsed or suffered severe damage. By late 2013, 1,500 buildings in the city had been demolished, leading to an ongoing recovery and rebuilding project.

The city experienced rapid growth following the earthquakes. A Christchurch Central Recovery Plan guides rebuilding in the central city. There has been massive growth in the residential sector, with around 50,000 new houses expected to be constructed in the Greater Christchurch area by 2028 as outlined in the Land Use Recovery Plan (LURP). The rebuild of Christchurch and population growth has created significant investment opportunities for investors. Read more