93 Springfield Road, Saint Albans, Christchurch City, Canterbury
Christchurch, New Zealand
Guide Price
$1,537,000
2,650,000 NZD
PROPERTY TYPE
Condo
BEDROOMS
14
BATHROOMS
7
Description
Asking Price $2,650,000 Specifically geared towards investors, this complex of seven two-bedroom units on Springfield Road promises a 7% return, making it a valuable option for those seeking to bolster or broaden their investment portfolios with a substantial asset. Situated in a prime
location zoned RMD (Residential Medium Density), this property is strategically positioned within many sought-after school zones including Heaton Intermediate, Christchurch Girls' and Christchurch Boys' High Schools, guaranteeing sustained appeal and tenant demand. With all units currently under one title, management is streamlined, offering a hassle-free addition to your investment endeavours. Every unit is well-appointed and designed for comfort, including two bedrooms with built-in wardrobes, one bathroom, a practical living space, a heat pump for climate control, and one covered parking space. Investors seeking a sound investment in a prime
location with proven rental performance are instructed to contact Adam Heazlewood or Jessica Phibbs for more information. Find out more
about us at www.ahteam.co.nz. Please copy the below link into your web browser: http://www.propertyfiles.co.nz/property/5523925
Location
Open in Google MapsLiving 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→New Zealand at a glance
How New Zealand scores for American expats
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
Adam Heazlewood - Whalan and Partners Ltd (Licensed: REAA 2008) - Bayleys, Merivale
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
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.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD