Deadline Sale: All offers to be presented on 9th September at 12 pm (unless sold prior)
To download the property files and register your interest, copy and paste this link into your browser: https://www.propertyfiles.co.nz/L41733324
City access doesn't get better than this modern apartment. Just a 2 min walk to Margaret Mahey Playground.
• Freehold title within Christchurch's sought-after Four Avenues
• One spacious double bedroom with a large built-in wardrobe
• Modern tiled bathroom
• Open-plan kitchen, dining and living area
• Well-appointed contemporary kitchen
• Additional under-stair storage
• Double glazing and heat pump for year-round comfort
• Private, low-maintenance courtyard
• Option to purchase fully furnished
• Outstanding Airbnb earning potential with an appraisal of $48,537 per annum
• Option to retain future Airbnb bookings or purchase with vacant possession
• Exceptional long-term rental with an appraisal of $480-$500 per week (fully furnished)
• Walk to Te Kaha Stadium, New Regent Street, Margaret Mahy Playground, Latimer Square and all that the thriving CBD has at your doorstep
• Ideal for first-home buyers, professionals, downsizers and investors
Positioned within Christchurch's highly sought-after Four Avenues, only 2 minutes' walk to Margaret Mahey Playground, this freehold townhouse presents an outstanding opportunity to secure a stylish inner-city home or a ready-made investment delivering exceptional returns.
Designed for modern, low-maintenance living, the ground floor features a light-filled open-plan kitchen and dining and living area in warm natural tones. Clever under-stair storage adds practicality, while upstairs you'll find a generous double bedroom with a built-in wardrobe and a beautifully tiled bathroom. Double glazing and a heat pump ensure year-round comfort, and the private courtyard provides the perfect space to relax outdoors.
Adding to its appeal, purchasers have the flexibility to buy the property fully furnished or unfurnished to suit their plans.
Investors can also choose to retain the existing future Airbnb bookings, providing immediate income from day one, or purchase the property with vacant possession if they wish to move in themselves or secure their own tenant.
From an investment perspective, the numbers are compelling.
The property has been appraised to generate approximately $48,537 per annum as a short-term Airbnb, placing it amongst the strongest-yielding opportunities currently available. Alternatively, for those preferring a more hands-off approach, the fully furnished long-term rental appraisal sits between $480 and $500 per week, offering an attractive and dependable return from a near-new city property.
With Te Kaha Stadium now completed and billions of dollars continuing to be invested into the CBD, the timing couldn't be better to secure a premium city asset while prices remain attractive. As the city continues to grow and demand for quality central accommodation increases, this is an investment well positioned to deliver for years to come.
Of course, it's not just investors who will appreciate what's on offer. Located just moments from Te Kaha Stadium, New Regent Street, Margaret Mahy Family Playground, Latimer Square, the Avon River, cafés, restaurants and the very best of Christchurch's city lifestyle at your doorstep, this home also makes the perfect lock-and-leave residence or executive CBD retreat.
Whether you're searching for a high-performing investment with multiple income options or a stylish home offering unbeatable lifestyle convenience, this exceptional property deserves your immediate attention.
Deadline Sale: All offers to be presented on 9th September at 12pm (unless sold prior)
To download the property files and register your interest, copy and paste this link into your browser: https://www.propertyfiles.co.nz/L41733324
Please be aware that this information has been sourced from third parties. View our property information disclaimer here: raineandhorne.co.nz/property-disclaimer
The long term and Airbnb rental appraisals were provided by independent third party management companies and are available in the Property Files. If these figures are material to your decision to purchase, you should undertake your own independent due diligence
