Central City - 3 Bed, 3 bath - 500m One NZ Stadium

Listed 26 Jun
20 Indigo Lane, City Centre, Christchurch City, Canterbury
Asking price $1,050,000
Details


Central City - 3 Bed, 3 bath - 500m One NZ Stadium
THREE BEDROOM, THREE BATHROOM CENTRAL CITY INVESTMENT
Positioned in the heart of Christchurch, this modern three-bedroom townhouse offers investors the opportunity to secure a low-maintenance property within one of the city’s most prominent inner-city developments.
These townhouses are yet to be constructed, providing purchasers with the opportunity to secure their preferred property ahead of completion.
Spanning three levels, the property will provide a generous and highly functional layout, with three bedrooms, three bathrooms, an internal-access garage, and multiple living zones. Its flexible configuration will appeal to professionals, groups, families, and tenants wanting additional privacy while remaining within walking distance of the central city.
The ground floor will include a bedroom, full bathroom, laundry, internal-access single garage, and private outdoor area. The middle level will feature an open-plan kitchen, dining, and living space extending onto a balcony, while the upper level will contain two spacious bedrooms, each with its own ensuite.
Located within the iconic Madras Square development alongside the East Frame, the property will be within easy walking distance of the CBD, Te Kaha – One New Zealand Stadium, major employers, restaurants, cafés, shopping, entertainment, and public transport.
INVESTMENT SNAPSHOT Purchase price: $1,050,000 Estimated gross rental yield: Approximately 3.47% Brand new, yet to be constructed Turnkey purchase on completion Three bedrooms Three bathrooms, including two ensuites Internal-access single garage Rental appraisal available on request
PROPERTY HIGHLIGHTS Generous three-level townhouse configuration Open-plan kitchen, dining, and living area Balcony adjoining the main living space Private ground-floor outdoor area Ground-floor bedroom and bathroom Two upper-level bedrooms with private ensuites Digital key entry and security alarm Underfloor heating in the bathroom and ensuites Window coverings included Low-maintenance modern construction 10-Year Registered Master Build Guarantee
PRIME CENTRAL CHRISTCHURCH LOCATION Situated within the established Madras Square development Walking distance to Christchurch’s CBD Close to Te Kaha – One New Zealand Stadium Convenient access to major employers and education providers Surrounded by restaurants, cafés, shopping, and entertainment Well suited to professionals and tenants seeking an inner-city lifestyle
RENTAL AND YIELD INFORMATION The property has an estimated gross rental yield of approximately 3.47%.
The combination of three bedrooms, three bathrooms, an internal-access garage, and a central-city location will provide a flexible rental proposition for a range of tenant groups. Madras Square’s proximity to employment, entertainment, recreation, and transport also supports its long-term rental appeal.
Rental appraisal and further investment information are available on request.
Contact Investr today to request the full property information or discuss securing one of these townhouses ahead of construction.
These townhouses are yet to be constructed. Interior photographs are from another townhouse within the development and are provided as an indication of the expected quality and finish.
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