Back to Christchurch, New Zealand

224 Hills Road, Mairehau, Christchurch City, Canterbury

Christchurch, New Zealand

Guide Price

$248820

429000 NZD

PROPERTY TYPE

Condo

BEDROOMS

2

BATHROOMS

1

224 Hills Road, Mairehau, Christchurch City, Canterbury - Photo 2
224 Hills Road, Mairehau, Christchurch City, Canterbury - Photo 3
1/20

Description

If you’re an investor looking for guaranteed rental income with a 5% + rental yield, and an extremely low vacancy rate – then this opportunity might be for you! Perhaps you are a retiree, looking for your place to settle and enjoy your retirement with low-maintenance living, convenient

amenities close by, and like-minded neighbours, so you can focus on enjoying your freedom, pursuing hobbies, and making the most of this exciting new chapter. We have five, two-bedroom units on offer – all currently tenanted with a mix of periodic and fixed term tenancies. If you are looking to owner occupy, talk to us today to discuss your options. If you are looking for investment opportunities, we have the whole package. A snapshot of these properties appeal… HAVEN: Five comfortable two-bedroom, one-bathroom units with single internal garages, they are modern and practical in size offering a secure, relaxing space to truly make your own. (Unit 10 is a single car space only, no garage). Some units may differ slightly in orientation, but very similar layout and design. HEATING: All units are kept temperate year-round with heat pumps and under tile heating. The lounge areas are accessible to the fully fenced and private courtyards, a beautiful place to park up and read a book! HOT

LOCATION: Public transport is easily accessible, with the nearest bus stop only 300 metres away and only a three-minute drive to The Palms Shopping Centre. Super convenient and highly sought after, the

location of this complex is extremely practical. *** The photos used for the purpose of marketing are for Unit 2, which was recently refurbished. All units are individual and the furnishings in all units may differ from one another. Viewings in person prior to purchasing is highly recommended *** Viewings By Appointment Only. The Lime team is convinced this over 60’s complex is packed with convenience, an excellent choice for any retiree or investor. Contact us today, for more information!

Location

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Living in Christchurch

Rebuilt and reimagined after the 2011 earthquakes, Christchurch is New Zealand's most affordable major city with a flat, bikeable layout and easy access to both beaches and ski fields. The rebuild has created a modern, innovative city center, and the Canterbury region offers a drier, sunnier climate than Wellington or Auckland. A smaller expat community means a more authentic Kiwi experience.

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Brooke Azzopardi - Lime Real Estate Ltd (Licensed REAA 2008)

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD