6 BED / 2 BATH
Floor Area: 160 m2 Land Area: 287 m2 Zone: HRZ, TC2
227 Worcester Street presents an exceptional opportunity in the heart of Christchurch Central — a rare combination of strong holding income and future development potential in one of the city’s most strategic locations.
Set on valuable land within the High Density Residential Zone, this property is perfectly positioned for those looking to secure a high-yield investment now while banking a prime development site for the future. The home currently offers six separately rented bedrooms with two bathrooms, delivering consistent cashflow and an attractive return from day one. With each room individually tenanted, the income structure is ideal for investors seeking a reliable yield in a high-demand rental pocket.
The location is simply unbeatable. You’re just moments from Te Kaha Stadium (opening Apr 2026), Christchurch CBD, New Regent Street, the city’s best cafes and restaurants, the hospital, Ara Institute, and the evolving urban transport links that continue to strengthen this area’s appeal. As the city centre grows, demand for high-density living, visitor accommodation, and modern multi-unit developments continues to rise — making this site a smart land-bank with significant long-term upside.
Surrounded by key infrastructure, stadium crowds, city professionals, students, and short-stay visitors, the rental pool here is deep and constant. Whether you choose to hold as a high-yield investment, reposition the property, or plan for future redevelopment, 227 Worcester Street offers a rare opportunity to secure land in one of Christchurch’s strongest growth corridors.
An outstanding prospect for investors, developers, and land-bank buyers seeking both immediate income and exceptional future potential.
Current Tenancies:
Room 1 – periodic $150/wk
Room 2 – fixed til 11/26 $165/wk
Room 3 – fixed til 09/26 $180/wk
Room 4 – fixed til 10/26 $240/wk
Room 5 – fixed til 11/26 $200/wk
Room 9 – periodic $250/wk
GROSS RENTAL INCOME: $61,620/yr
Rates: $4859.25/yr
INFO PACK: https://tinyurl.com/5cxzk4nz
ATTIA WEB: https://www.attiarealestate.com
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