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101/341 Madras Street

Christchurch Central Canterbury

2
2
1
Townhouse
Currently for sale - view listing

Overview

Dual Income. Proven Returns. Central Location.

Priced Deadline $600,000 - DEADLINE Closes 14th July 2026 at 2pm (Unless Sold Prior) Opportunities delivering this level of cash flow are becoming increasingly difficult to find. Positioned in the heart of Christchurch Central, this dual-key apartment generates a combined $850 per week in rental income, with: • Unit 101A: $500 per week • Unit 101B: $350 per week Providing a 7.37% gross yield, the property offers two self-contained dwellings on one title, creating two independent income streams from a single investment. Built post-earthquake and designed for low-maintenance ownership, the property also includes a designated car park - a valuable asset in the city centre. Located within walking distance of Riverside Market, Te Kaha Stadium, the CBD, cafes, restaurants and major employment hubs, this is an investment backed by both strong fundamentals and proven rental performance. For investors seeking cash flow, diversification of income and a prime central-city location, 101/341 Madras Street is a compelling opportunity. To download the information for this property, please copy this link into your web browser: https://www.agentsend.com/5QXZ Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Townhouse

Happy sellers in Christchurch Central

68%
68% of sellers in Christchurch Central reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 81 reviews in Christchurch Central over the last 12 months.

Local market activity for 2 bedroom townhouses in Christchurch Central

In the last 12 months, 25 two-bedroom townhouses similar to 101/341 Madras Street, have been sold.

This represents a 13% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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