88 Holly Road, Merivale, Christchurch

Welcome to 88 Holly Road, Merivale, Christchurch – an exceptional new development featuring 22 beautifully designed homes, starting from just $659,000. This exclusive community offers a blend of 2 and 3-bedroom terraced homes alongside a selection of standalone 3-bedroom homes, catering to a variety of lifestyles and preferences.

Each home at 88 Holly Road boasts an open-plan living area, creating a spacious and inviting atmosphere perfect for modern living. The sunny courtyards extend your living space outdoors, providing an ideal setting for relaxation and entertaining. With a focus on quality and comfort, these homes are designed to meet the needs of contemporary living while offering the charm and elegance of Merivale.

Discover your perfect home in this vibrant and sought-after neighborhood, where convenience meets style. Embrace the opportunity to be part of this remarkable community at 88 Holly Road. Don't miss out – these homes are selling fast!

completion due Q4 2025

Location

This prime location offers unparalleled convenience, with vibrant shopping, dining, and entertainment options just moments away. Enjoy easy access to top schools, Hagley Park, and the CBD, all within a short stroll. Experience the perfect blend of urban living and suburban tranquillity at 88 Holly Road, your gateway to everything Christchurch Central has to offer.

• Christchurch CBD 550m

• Hagley Park 1.1km

• Merivale Mall 1.7km

• Christchurch Girls High School 3.2km

• Christchurch Boys High School 3.8km

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. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Overview

Merivale, one of Christchurch's most prestigious inner city suburbs, offers an enticing investment prospect for several reasons. Firstly, compared to other major centres in New Zealand, property prices in Christchurch, especially within or around the Central Business District, remain relatively affordable. For example, at the beginning of 2024, the average house price in Christchurch stood at $690,000, notably lower than Auckland's $1,280,000 and the national median of $802,000. 

One particularly exciting investment opportunity is 88 Holly Road, a development still in its early stages of conception. Properties within this development offer exceptional value compared to similar options on the market. For instance, comparable homes in comparable projects are listed for $25,000-$50,000 more, indicating the potential for a significant return on investment. 

The current economic climate, combined with the expected completion of 88 Holly Road by the end of 2025, presents a strategic investment window. Purchasing off the plan now allows investors to take advantage of competitive prices, with the mortgage drawdown deferred until settlement in late 2025. Forecasts suggest a potential decrease in interest rates later this year, further enhancing the appeal of investing in a development that is still some time away from completion. 

Moreover, Christchurch's Central City is undergoing significant revitalisation, with projects such as Te Kaha Stadium, a state-of-the-art facility costing $680,000,0000, currently in construction alongside other infrastructure developments. These projects are poised to enhance not only the appeal and value of Christchurch's inner city suburbs but also the entire city for years to come. 

Current projects