Back 1-2/36 Mathesons Road
Off Market

1-2/36 Mathesons Road

Phillipstown Canterbury

2
1
1
Townhouse
Rebecca ManawatuRebecca Manawatu, last sold this property on 14 September 2026 after 217 days on market.

Overview

Affordable buying with future upside

Viewing by appointment - please contact agent for viewing times. Whether you're looking for your first home, downsizing or adding to your investment portfolio, this well-maintained two-bedroom townhouse is an opportunity not to be missed. Positioned in a sought-after city-fringe location, this low-maintenance townhouse presents an outstanding opportunity for investors seeking strong returns in a location with proven tenant demand. With a rental appraisal of up to $520 per week, the property offers the potential for an attractive 6.3% gross yield, making it a smart addition to any investment portfolio. Permanent materials, solid construction being concrete tilt slab, the home is now vacant and ready for its new owners, offering immediate possession and plenty of scope to add value over time. The functional layout features an open-plan kitchen, dining and living area that flows seamlessly to a private, north-facing courtyard, creating the perfect space to relax or entertain. Upstairs, two generous double bedrooms with built-in wardrobes are complemented by a tidy bathroom, while a separate laundry, separate toilet and single lock-up garage provide everyday practicality. • Rental appraisal showing up to $520 per week • Potential for a 6.3% gross yield • Two generous double bedrooms, both with built-in wardrobes • Sunny open-plan living area with heat pump • Private north-facing courtyard • Single lock-up garage plus off-street parking • All EQC/NHC repairs have been completed Conveniently located just minutes from the Christchurch CBD and One New Zealand Stadium, you'll also enjoy easy access to Eastgate Mall, The Tannery, Ferrymead and a wide range of cafes, shops and everyday amenities. A well-connected location with broad appeal makes this an opportunity not to be missed. With vacant possession, strong rental potential and a sought-after city-fringe location, this is an opportunity not to be missed. Get in contact today for more information or to arrange your viewing. To download the information pack for this property, please copy the below link into your web browser: http://www.propertyfiles.co.nz/property/5529630

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Phillipstown over the last 12 months, the estimated median property value of 1-2/36 Mathesons Road is $482k.

Median value
$482k
Estimated value range
$0.01 - $1.92m
Median days on market
156
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Phillipstown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1-2/36 Mathesons Road

2026
Sold
Undisclosed
14 Sep 2026 by Rebecca Manawatu, of Bayleys Christchurch (Whalan and Partners Ltd)

Happy sellers in Phillipstown

85%
85% of sellers in Phillipstown reported that their sale price either exceeded or met their price expectations.

Phillipstown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Phillipstown over the last 12 months.

Local market activity for 2 bedroom townhouses in Phillipstown

In the last 12 months, 19 two-bedroom townhouses similar to 1-2/36 Mathesons Road, have been sold.

This represents a 26% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Phillipstown

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent