5/340 Cashel Street, City Centre, Christchurch City, Canterbury

Short Call Deadline Priced $549,000 - All offers to be presented 4pm, Wednesday the 6th of August, unless sold prior

The vendor has issued clear instructions: this property must be sold, and with a short call deadline, time is of the essence.

Just 300m from the new Te Kaha Stadium and with the announcement of a major $130 million development of the Downtown Precinct on the block bordered by Manchester, Cashel, and Lichfield Streets, offering a vibrant mix of retail stores, dining spots, offices and apartments the location does not beat this! The time is now for you to invest.

See the article below for further details. https://www.1news.co.nz/2025/05/10/new-multi-million-dollar-precinct-set-to-transform-christchurch-cbd/

Whether you're investing, nesting, or just need a city crash pad, this property works for you:

• Investors - Currently tenanted on a periodic lease.
• First Home Buyers - Vacant possession available with notice.
• Frequent Travellers - Own instead of booking hotels. Airbnb when not in town.
• Parents with Students at ARA - Just a 10-minute walk away; perfect to share with a flatmate.

Cleverly designed over three levels, this modern townhouse maximizes space and style with minimal maintenance.

Features include:

• Open-plan kitchen, dining & living with gated outdoor area
• Two bedrooms on separate floors = privacy for all
• Two bathrooms, including an ensuite (one per bedroom)
• Generous built-in wardrobes
• Two heat pumps (split across levels)
• European-style laundry with washer/dryer included
• Bonus chattels: fridge/freezer, microwave, storage shed

This townhouse is priced well below what the owners paid, the opportunity is knocking, are you ready to answer?

Please NOTE: Owners who are thinking of short-term letting should also be aware of CCC requirements and the implications this has on their insurance cover. Document from the residence association available for download in the property files.

Disclaimer: Photos taken at time of purchasing. Currently tenanted.

To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39799