Back 204/341 Madras Street
Off Market

204/341 Madras Street

Christchurch Central Canterbury

2
2
1
Apartment
Last sold for $600,000
Ali AhmadiAli Ahmadi, last sold this property on 29 May 2025 after -13 days on market.

Overview

Exceptional Investment - Dual Income Opportunity

A smart addition to your portfolio, this well-performing rental property offers two fully self-contained units under one title, each with its own private entrance. Securely tenanted with fixed-term leases in place, it provides strong, consistent cash flow from day one. - One-bedroom unit includes a dedicated car park - Total return: $780/week - Body Corporate Levy: $5,067 p.a. Whether you're expanding your investment portfolio or looking for a hassle-free income stream, this is an opportunity not to be missed.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Christchurch Central over the last 12 months, the estimated median property value of 204/341 Madras Street is $657k.

Median value
$657k
Estimated value range
$442.5k - $1.8m
Median days on market
42
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Christchurch Central. 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 204/341 Madras Street

2025
Sold
$600,000
29 May 2025 by Ali Ahmadi, of Ray White Barrington Next Step

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 85 reviews in Christchurch Central over the last 12 months.

Local market activity for 2 bedroom apartments in Christchurch Central

In the last 12 months, 23 two-bedroom apartments similar to 204/341 Madras Street, have been sold.

This represents a 35% increase in two-bedroom apartments sales when compared to the previous 12 months.

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