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6/322 Hereford Street

Christchurch Central Canterbury

1
1
66 m²
Townhouse
Currently for sale - view listing

Overview

Fixed-Term Tenant - 5.49% Gross Return

Completed in 2021, this contemporary freehold townhouse presents an outstanding investment opportunity with a fixed-term tenancy already in place at $470 per week until May 2027, delivering an attractive gross return of approximately 5.49% at the current asking price. Held by our overseas investor since new, this quality city asset is now offered for genuine sale due to a change in circumstances. Positioned in the heart of Christchurch's rejuvenated CBD, approximately 500 metres from One New Zealand Stadium, the location is primed for ongoing growth and demand as the city continues to evolve into New Zealand's premier sporting and entertainment destination. Situated within the Central City Mixed Use Zone, visitor accommodation including unhosted visitor accommodation is a permitted activity within the zone. An email from the Christchurch City Council Duty Planner is available within the property files for reference. Buyers are advised to complete their own due diligence. Designed for effortless, low-maintenance living, the townhouse features double glazing, a spacious double bedroom, quality kitchen appliances, excellent storage options, a private courtyard and an upstairs study nook ideal for working from home. The convenience of this location continues to drive strong tenant appeal, with Riverside Market, Hoyts EntX, Les Mills, Margaret Mahy Playground and the Bus Interchange all within easy walking distance. Dining, entertainment and connectivity are right at your doorstep. Modern freehold properties combining proven rental performance, strategic CBD positioning and future flexibility are increasingly difficult to secure. Contact Michael today for further information or to arrange your private viewing. To download the property files, visit https://www.propertyfiles.co.nz/965470003 With clear instructions to sell, interested parties are advised to act promptly. Conjunctional sales with other agencies welcome. Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/the relevant local authority/CERA and we have not been able to verify the accuracy of the same.

Features

1 bedroom
1 bathroom
66 m² lot size
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 85 reviews in Christchurch Central over the last 12 months.

Local market activity for 1 bedroom townhouses in Christchurch Central

In the last 12 months, 13 one-bedroom townhouses similar to 6/322 Hereford Street, have been sold.

This represents a 15% increase in one-bedroom townhouses sales when compared to the previous 12 months.

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