323a Armagh Street, City Centre, Christchurch City, Canterbury

Designed with investors in mind, this modern two-bedroom, two-bathroom townhouse offers a low-maintenance, hands-off opportunity in the heart of Christchurch’s CBD.

Enjoying a north-facing position across three levels, the home is filled with natural light throughout the living spaces and both bedrooms. The open-plan living area connects seamlessly to a private courtyard, creating a functional indoor-outdoor flow ideal for city living.

The kitchen is well-appointed with quality Smeg appliances and a stone benchtop, while both bathrooms are fully tiled and feature underfloor heating. One servicing the first-floor bedroom and the other forming part of the upper-level master suite, complete with ensuite and generous wardrobe.

With smart lock access, an alarm system, heat pump, wall heaters, blinds and drapes already installed, the property is turn-key and ready to rent from day one. A 10-year Master Build Guarantee provides long-term peace of mind and protects the integrity of your investment.

Positioned just moments from One NZ Stadium, New Regent Street, Margaret Mahy Playground, Riverside Market, Cashel Mall, The Terrace, the Convention Centre and the Central Library, this location continues to see strong tenant demand driven by lifestyle and convenience.

Investment highlights

• Asking price of $669,000
• Modern two-bedroom, two-bathroom townhouse
• Rental appraisal of $565 per week
• Estimated gross rental yield of approximately 4.4%
• North-facing unit with excellent natural light
• Low maintenance, secure and private layout
• Fully landscaped courtyard
• Quality Smeg appliances and finishes throughout
• Heat pump, wall heaters, blinds and drapes included
• Smart lock access and alarm system
• Healthy Homes compliant
• 10 Year Registered Master Build Guarantee

Location highlights

• Central Christchurch CBD location
• 5 minute walk to OneNZ stadium and Latimer Square
• Walking distance to New Regent Street and Riverside Market
• Close to Margaret Mahy Playground and the Convention Centre
• Easy access to cafes, retail, public transport and entertainment
• Strong appeal to professional tenants and long-term renters
• Approximately 20 minutes to Christchurch International Airport

This is a straightforward, high-quality city investment offering solid yield, modern construction and enduring tenant appeal.

Contact Investr today to secure this central Christchurch investment opportunity. Or visit our show-home: -Wednesday-Friday 4pm-6pm -Saturday-Sunday 10am-4pm

*Please note, the images are of another unit in the complex and show the floor plan and quality of the units. Colour schemes do vary between the units