236 Armagh Street, City Centre, Christchurch City, Canterbury

The Numbers

• Price: $669,000
• Rent Appraisal: $565/week
• Yield: ~4.4% Gross
• The Extras: Smeg appliances, heat pump + heaters, full landscaping, and smart security.

Lock in your investment property today

If you're after a hands-off asset that actually makes sense on paper, this two-bed, two-bath townhouse is it. We’ve designed this with the investor as the priority. it’s low-maintenance, modern, and sits right where the action is in Christchurch’s central city.

It’s spread across three levels with a north-facing aspect. That means the place is genuinely bright, not just "well-lit" for the photos. The open-plan living connects straight out to a private courtyard, a bit of breathing room that makes city living feel a lot less cramped.

The specs you should care about: The kitchen’s got Smeg gear and stone tops. Both bathrooms are fully tiled (plus underfloor heating, which is basically a requirement down here now). One serves the first floor, while the master suite upstairs has its own ensuite and a decent-sized wardrobe. We’ve already sorted the "move-in" basics. Smart locks, alarm, heat pump, wall heaters, and even the blinds and drapes are in. It’s 100% Healthy Homes compliant and ready for a tenant from day one. You also get the 10-year Master Build Guarantee for that extra bit of security.

Location is everything: You’re a short stroll from the One NZ Stadium, Riverside Market, and the Terrace. This part of town is seeing massive demand because people want to walk to work and then walk to dinner. It's that simple.

Why this one? It’s a clean, high-quality city investment. It’s built well, it’s in the right spot, and the yield is solid.

Want to see the quality for yourself? Give the Investr team a shout or just swing by the show-home. We’re there:

• Wed–Fri: 4pm – 6pm
• Sat–Sun: 10am – 4pm Note: Photos are of a similar unit in the development to show the layout and finish quality. Colors might vary slightly between units.