Unit 1/346 Cashel Street, City Centre, Christchurch City, Canterbury

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This as-new central city townhouse is a turnkey short-stay investment in one of Christchurch’s most strategic locations. Completed in late 2023 and currently run as an Airbnb, it is being sold as a going concern, enabling seamless income continuity from day one.

On the same street as Te Kaha and walking distance to the Convention Centre, Town Hall, Turanga Library, and the CBD hospitality precinct, the positioning is ideal for events-driven demand. With the stadium opening approaching, revenue and occupancy are expected to climb significantly.

Inside, the contemporary “New York loft” layout maximises space and guest appeal. A quality kitchen with Fisher & Paykel appliances anchors the lower level, flowing to a bright living area and a private, north-facing courtyard with artificial turf — zero maintenance and perfect for short-stay guests. Upstairs, the mezzanine bedroom provides excellent storage and a relaxed, modern feel.

As an Airbnb, the property performs well and has scope for further upside. Enhance the furnishings and styling to push nightly rates higher, or maintain the current set-up for steady, low-touch income. Booking history and financial performance are available on request.

Located at the front of a smart 2023 development, the home has excellent privacy, its own entrance, outdoor area, and a tidy outdoor storage shed. The immediate neighbourhood has transformed with new builds, improving guest perception and long-term value.

At $450,000 (Going Concern), this is a high-yielding, low-maintenance investment with strong future growth prospects.

For more info copy & paste this link into your browser: https://propertyfiles.co.nz/346CashelStreet Call Campbell for more info or to book your own private viewing if the open home times don't suit you.