1-7/173 Fitzgerald Avenue, Christchurch Central, Canterbury

SoldJun 11, 2026

1-7/173 Fitzgerald Avenue, Christchurch Central, Canterbury

Amount undisclosed

518 sq.

BlockOfUnits

•

30+ days on the market

Sold: Jun 11, 2026

What's around 1-7/173 Fitzgerald Avenue

Multi income on High Density Land

Contact agents for viewing times - private viewing by appointment. Situated on 518sqm (more or less) of High Density Residential zoned land, this investment presents significant potential across a range of uses. Currently configured as seven self- contained flats with ample off-street parking, the property offers strong existing income alongside future development upside. • 3 x two-bedroom and 4 x one-bedroom flats • Currently returning $2,500 per week across a mix of periodic and fixed-term tenancies • 518sqm (more or less) of High Density Residential zoned land • Fully double glazed with a recently refreshed exterior paint • All units compliant with Healthy Homes standards • Currently returning $2,500 per week across a mix of periodic and fixed-term tenancies • Fully tenanted, providing immediate income continuity • Just a short walk to One New Zealand Stadium Each flat is held on an individual tenancy and includes its own kitchen, living area, and bathroom, ensuring tenant independence and broad rental appeal. With tenants already in place, the property offers a seamless transition for a new owner. Located in the Christchurch City Centre, the area continues to benefit from extensive post-earthquake regeneration, with a growing mix of retail, hospitality, and infrastructure driving demand for well-located accommodation. The site provides considerable flexibility, continue operating as a high-yield investment or explore redevelopment opportunities in line with its high-density zoning. With its sought-after location, established income stream, and future potential, this property represents a compelling opportunity for investors. After nearly 20 years of ownership, the vendor is now looking to realise their investment and welcomes all interest. To download the Property Files, copy and paste the following link into your browser: https://www.propertyfiles.co.nz/5530413

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Buyer's review

5 days ago

Verified Review

Great Communicator and Accommodating

Grace has been great to deal with. She is an excellent communicator, very accommodating, and always made time for property viewings and phone calls. She was also very helpful with last minute requests, including arranging an auction variation form on the same day as the auction. I really appreciated her support and professionalism throughout the process.

Nathan Taylor

Buyer