We are proud to partner with the All Blacks and Black Ferns
Learn More
Townhouse for Sale

101/341 Madras Street Central City, Christchurch City

Priced $600,000Play Video
  • 2 Beds
  • 2 Baths
  • 1 Car

Are you interested in inspecting this property?
Get in touch to request an inspection.

Request an inspection
101/341 Madras Street, Central City, Christchurch City

Townhouse for Sale in Central City

Dual Income. Proven Returns. Central Location.

  • 2 Beds
  • 2 Baths
  • 1 Car
Listed By:
Ray White AddingtonNext Step Realty Limited Licensed (REAA 2008)

$850 per week. 7.37% gross yield. Two income streams. One title.

Investment opportunities delivering this level of cash flow are becoming increasingly difficult to find.

This dual-key apartment comprises a one-bedroom apartment and a self-contained studio, each with its own entrance, kitchen and bathroom. Both are currently tenanted separately, generating:

Unit 101A: $500 per week
Unit 101B: $350 per week

Returning a combined $850 per week, the property delivers an impressive 7.37% gross yield while providing two independent rental incomes from a single title. Whether you're looking to maximise cash flow, diversify tenant risk, or simply secure a high-performing investment, this configuration offers flexibility that is rarely available.

Built post-earthquake and designed for low-maintenance ownership, the property also includes a designated car park - a valuable asset in Christchurch's central city.

Located within walking distance of Riverside Market, Te Kaha Stadium, the CBD, cafes, restaurants and major employment hubs, this is an investment underpinned by strong rental demand and an unbeatable location.

For investors seeking proven returns, multiple income streams and a prime central-city position, 101/341 Madras Street is an opportunity not to be missed.

To download the information for this property, please copy this link into your web browser:
https://www.agentsend.com/5QXZ

Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you to complete your own research and seek independent legal and/or technical advice.

Property ID:

ADN31379

Parking:

1 off street park

Bedrooms:

2

Bathrooms:

2

Listed By:
Ray White AddingtonNext Step Realty Limited Licensed (REAA 2008)
Contact

Agents

  • Loading...

Loan Market mortgage brokers aren’t owned by a bank, they work for you. With access to over 20 lenders they’ll work with you to find a competitive loan to suit your needs.