101/341 Madras Street, Christchurch Central, Canterbury

SoldSep 18, 2026

101/341 Madras Street, Christchurch Central, Canterbury

$567,000

Townhouse

•

30+ days on the market

Sold: Sep 18, 2026

What's around 101/341 Madras Street

Dual Income. Proven Returns. Central Location.

$850 per week. 7.49% gross yield. Two income streams. One title. Investment opportunities delivering this level of cash flow are becoming increasingly difficult to find. This dual-key apartment comprises a one-bedroom apartment and a self-contained studio, each with its own entrance, kitchen and bathroom. Both are currently tenanted separately, generating: Unit 101A: $500 per week Unit 101B: $350 per week Returning a combined $850 per week, the property delivers an impressive 7.49% gross yield while providing two independent rental incomes from a single title. Whether you're looking to maximise cash flow, diversify tenant risk, or simply secure a high-performing investment, this configuration offers flexibility that is rarely available. Built post-earthquake and designed for low-maintenance ownership, the property also includes a designated car park - a valuable asset in Christchurch's central city. Located within walking distance of Riverside Market, Te Kaha Stadium, the CBD, cafes, restaurants and major employment hubs, this is an investment underpinned by strong rental demand and an unbeatable location. For investors seeking proven returns, multiple income streams and a prime central-city position, 101/341 Madras Street is an opportunity not to be missed. To download the information for this property, please copy this link into your web browser: https://www.agentsend.com/5QXZ Key Details: Floor Area: 75m2 more or less CV: $590,000 LV: $360,000 IV: $230,000 Rates: $3,821.04 Built: 2018 Body Corporate Levies : $7,375.50 Legal Description: Principal Unit 2 and 1/4 share of Accessory Unit 19 Deposited Plan 516059 Certificate of Title: 803805 Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice.