6% + RETURN! AIR BNB ZONED – CBD'S BEST BUY!

Listed 30 Jul
11/373 St Asaph Street, City Centre, Christchurch City, Canterbury
Enquiries over $484,000
Details
- Floor Area
- 77m²
- Land area
- 59m²
- Toilets
- 2
- Broadband
- ADSL, Cable, Fibre, Satellite, Wireless


6% + RETURN! AIR BNB ZONED – CBD'S BEST BUY!
Conjunctional sales are welcome - contact Thomas Knight.
Overview:
- Currently returning $560 per week (showing a return of 6% plus)
- Airbnb & Short-Stay Potential: Located within the Commercial Central City Mixed Use Zone
- 2024 three-storey striking design
- Two bedrooms, two sleek high-spec bathrooms
- Two outdoor living spaces via a balcony and courtyard
- Within seconds of the brand new One New Zealand Stadium
This striking 2024-built townhouse takes a sharper approach to inner-city living, combining clean architectural lines, a confident monochrome palette and subtle industrial influences with excellent natural light and warm timber accents.
Arranged across three cleverly considered levels, the home provides two double bedrooms and two high-spec bathrooms. The separation between spaces makes it an excellent option for couples, flatmates, guests or tenants, while a private courtyard and upstairs balcony offers welcoming outdoor spaces.
The upper-level living area is cleverly positioned to maximise the outlook. Expansive glazing fills the space with light and draws your eye across the city towards the hills. The crisp contemporary kitchen features dark cabinetry, a tiled splashback and quality appliances, flowing easily into the open-plan dining and living area and out to the balcony.
Bold finishes give the home personality, but the overall design remains clean, calm and highly functional. Built using durable concrete block and architectural panelling. Positioned on the city fringe, this is a location that places everyday Christchurch within easy reach. C4 Coffee, Little High Eatery, The Crossing, Ara Institute and One New Zealand Stadium are all nearby, making the property equally appealing as a permanent home, easy-care city base or investment.
Airbnb & Short-Stay Potential: Located within the Commercial Central City Mixed Use Zone, the property offers genuine potential for hosted or unhosted visitor accommodation, including Airbnb and other short-stay platforms, without the usual residential-zone night limits. Any intended use remains subject to current Council requirements and independent purchaser due diligence, including zoning, consented use, title covenants, building compliance, insurance, rates and taxation.
Freehold, modern and refreshingly different, this is low-maintenance city living for buyers who want something with genuine architectural attitude.
Copy and paste the link to download the property files: https://www.propertyfiles.co.nz/property/1003460006
*Please be aware that this information may have been sourced from Google Maps for approximate times/distances, RPNZ/ Property Guru/ Land Information New Zealand/ Christchurch City Council/ CERA, and we have not been able to verify the accuracy of the same.
Agent updates
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Local Schools
- CHRISTCHURCH EAST SCHOOL311 Gloucester StreetRoll: 301
- TE ARATAI COLLEGE85 Aldwins RoadRoll: 1240
- TE PUNA WAI O WAIPAPA - HAGLEY COLLEGE510 Hagley AvenueRoll: 1967
- HILLVIEW CHRISTIAN SCHOOL150 Wilsons RoadRoll: 562
- CHRISTCHURCH ADVENTIST SCHOOL15 Grants RoadRoll: 293
- MIDDLETON GRANGE SCHOOL30 Acacia AvenueRoll: 1395
- MARIAN COLLEGE2 Lydia StreetRoll: 427
- CATHOLIC CATHEDRAL COLLEGE62 Ferry RoadRoll: 597
- TE WAKA HURUHURUMANU KI OTAUTAHI EARLY LEARNING CENTRECoventry StreetRoll: 25
- GROW ACTIVE ESSEX STREET29 Essex StreetRoll: 100
- ARA EARLY LEARNING CENTRE130 Madras StreetRoll: 38
- TE KŌHANGA REO O TE HOHEPA34 Phillips StreetRoll: 43
- HAVEN ELC375 Worcester StreetRoll: 52
- AO TAWHITI UNLIMITED DISCOVERY5 Mollett StRoll: 654
- ST MICHAEL'S CHURCH SCHOOL249 Durham StreetRoll: 129
- WALTHAM SCHOOLHastings Street EastRoll: 263
- ST MARY'S SCHOOL (CHRISTCHURCH)375 Manchester StreetRoll: 127
- TKKM O WAITAHA45 Hassals LaneRoll: 225
- CHRIST'S COLLEGE33 Rolleston AvenueRoll: 707
- TE PĀ O RĀKAIHAUTŪ7 McLean StreetRoll: 205
Location info
Tour the property
There are currently no open home times scheduled, please reach out to the agent to find a time.
Property insights
HomesEstimate
- Updated
- October 15, 2026
- Estimated value
- $480K - $535K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- August 1, 2025
- Capital value
- $480,000
- Land value
- $230,000
- Improvement value
- $250,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 480K - 535K
- Suburb median
- City Centre: 580K
Past sales & timeline
- Capital Value
$480,000
- Capital Value
$590,000
- Sold
$599,000
- Decade built





