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Listing Description
Listed: Today
5% Yield with 3 Months Free Property Management
17A Malaga Crescent, Harewood, Christchurch City, Canterbury
Asking price $599,000
Details
Other Features
| Attribute | Value |
|---|---|
| Property type | Townhouse |
Description
Positioned in the high-demand Highsted subdivision, this modern 2 bedroom townhouse presents an excellent opportunity for investors seeking dependable rental returns and long-term capital growth.
Designed for low-maintenance living, this turn-key property features an open-plan kitchen, dining, and living area that opens to a private courtyard. A separate laundry adds practicality, while upstairs includes two generous bedrooms with built-in wardrobes and a modern tiled bathroom with under-tile heating.
Located just 15 minutes from Christchurch’s CBD, Highsted offers a green, high-value environment that consistently attracts quality tenants. With direct access to Tulett Park, cycleways, and reserves, the area balances lifestyle appeal with reliable rental performance.
Investment Highlights
- Fixed price $599,000, Turn Key (10% deposit only)
- Rental appraisal: $559 per week
- 5% rental yield expected -3 Months free property management when purchased before 20th of December
- Fully landscaped and ready for occupation
- Healthy Homes compliant
- 10-Year Registered Master Build Guarantee
- Under-tile heating in bathroom
- Window coverings included
- Off-street carpark
Location Benefits
- Situated in the premium Highsted development, Casebrook
- Close to supermarkets, schools, and cafés
- Easy access to reserves, walking tracks, and cycleways
- Only 15 minutes to the Christchurch CBD
With a high quality build, low-maintenance design, and proven rental demand, this Highsted townhouse represents a secure and attractive addition to any investment portfolio.
Contact Investr or visit investr.kiwi to learn more about this outstanding investment opportunity in Casebrook.
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Robbie Shepherd
Investr Limited 
Property Partner
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