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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.

$850 per week. 7.37% gross yield. Two income streams. One title. Investment opportunities delivering this level of cash flow are becoming increasingly difficult to find. This dual-key apartment comprises a one-bedroom apartment and a self-contained studio, each with its own entrance, kitchen and bathroom. Both are currently tenanted separately, generating: Unit 101A: $500 per week Unit 101B: $350 per week Returning a combined $850 per week, the property delivers an impressive 7.37% gross yield while providing two independent rental incomes from a single title. Whether you're looking to maximise cash flow, diversify tenant risk, or simply secure a high-performing investment, this configuration offers flexibility that is rarely available. Built post-earthquake and designed for low-maintenance ownership, the property also includes a designated car park - a valuable asset in Christchurch's central city. Located within walking distance of Riverside Market, Te Kaha Stadium, the CBD, cafes, restaurants and major employment hubs, this is an investment underpinned by strong rental demand and an unbeatable location. For investors seeking proven returns, multiple income streams and a prime central-city position, 101/341 Madras Street is an opportunity not to be missed. 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

77%
77% 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, 28 two-bedroom townhouses similar to 101/341 Madras Street, have been sold.

This represents a 21% decrease in two-bedroom townhouses sales when compared to the previous 12 months.

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