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11/373 St Asaph Street

Christchurch Central Canterbury

2
2
77 m²
Townhouse
Currently for sale - view listing

Overview

Considering All Offers!

Please note: This property is available for viewing by private appointment only. As the property is currently tenanted, we kindly ask that all inspections be arranged in advance. Contact me directly to organise a suitable viewing time. Built in 2024, this stylish two-bedroom, two-bathroom townhouse offers a modern, low-maintenance investment opportunity in a highly sought-after city fringe location. Constructed with durable concrete block, the property is designed for longevity and peace of mind, further supported by a Master Build Guarantee through to 2034. From the lounge, enjoy views towards the mountains, adding further appeal for tenants and future occupants alike. A major advantage of this property is that it already has a tenant in place, currently paying $560 per week, providing immediate rental income from day one. The fixed-term tenancy runs through until approximately mid-December 2026, giving investors certainty and stability in the short term. Location is where this property truly stands out. Positioned on the city fringe, it offers a highly walkable lifestyle with popular destinations such as C4 Coffee, Discount Row, and Waitomo Fuel Station all within easy walking distance. You're also only a five-minute walk from One New Zealand Stadium, a major hub for events and ongoing development, while key destinations including Ara Institute of Canterbury, Christchurch Hospital, and Hagley Park are all nearby. This central location continues to attract strong tenant demand and offers excellent long-term investment fundamentals. For investors seeking additional flexibility in the future, the property also offers potential for short-term accommodation, with no body corporate consent required for Airbnb use. Similar two-bedroom accommodation in the area has achieved approximately $200-$250 per night, providing future options once the current tenancy concludes. Whether you're looking to expand your investment portfolio or secure a modern, low-maintenance property in a high-demand location, this is an opportunity worth serious consideration. Property Files: https://www.propertyfiles.co.nz/35057280

Features

2 bedrooms
2 bathrooms
77 m² lot size
Townhouse

Happy sellers in Christchurch Central

69%
69% 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 78 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 11/373 St Asaph 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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