Sold
5/340 Cashel Street,
Christchurch Central, Christchurch City
NZD 530,000
Property details
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Agents
Ray White Metro: Metro Team Ltd Licensed (REAA 2008)
. Cnr Riccarton & Waimairi Roads, Upper Riccarton Christchurch City 8041
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Chattels
- Cooktop Oven
- Rangehood
- Extractor Fan
- Heated Towel Rail
- Light Fittings
- Floor Covers
- Blinds
- Garden Shed
Investor's Golden Opportunity!
Prime Magic Mile Location. SHARP buying in a prime growth corridor.
Located in the heart of Christchurch's 'Magic Mile', this central property offers a unique investment opportunity in one of New Zealand's fastest-growing cities.
Long-term tenants are already in place, delivering secure passive income, while the surrounding area is poised for transformation with the new stadium and major retail precinct on the horizon
* Magic Mile location - unbeatable access
* Stadium + retail hub incoming
* Long-term tenants for peace of mind
* Stable yield, future-focused potential
* Zoned for growth - perfect for your portfolio
* Strategically priced for immediate value
* Christchurch: NZ's second fastest-growing city after Auckland
This is sharp buying in a prime growth corridor. Whether you're expanding your portfolio or securing your next smart investment, this is a rare opportunity to lock in long-term upside in the heart of Christchurch.
Please NOTE: Owners who are thinking of short-term letting should also be aware of CCC requirements and the implications this has on their insurance cover. Document from the residence association available for download in the property files.
Disclaimer: Photos taken at time of purchasing. Currently tenanted.
To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39799
Located in the heart of Christchurch's 'Magic Mile', this central property offers a unique investment opportunity in one of New Zealand's fastest-growing cities.
Long-term tenants are already in place, delivering secure passive income, while the surrounding area is poised for transformation with the new stadium and major retail precinct on the horizon
* Magic Mile location - unbeatable access
* Stadium + retail hub incoming
* Long-term tenants for peace of mind
* Stable yield, future-focused potential
* Zoned for growth - perfect for your portfolio
* Strategically priced for immediate value
* Christchurch: NZ's second fastest-growing city after Auckland
This is sharp buying in a prime growth corridor. Whether you're expanding your portfolio or securing your next smart investment, this is a rare opportunity to lock in long-term upside in the heart of Christchurch.
Please NOTE: Owners who are thinking of short-term letting should also be aware of CCC requirements and the implications this has on their insurance cover. Document from the residence association available for download in the property files.
Disclaimer: Photos taken at time of purchasing. Currently tenanted.
To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39799
Explore the area
School catchments
- Christchurch East School Full primary Years 1-8 State 0.43km
- Catholic Cathedral College Secondary Years 7-15 State integrated 0.54km
- Ao Tawhiti Unlimited Discovery Composite Years 1-15 State 1.2km
- St Michael's Church School Full primary Years 1-8 Private 1.4km
- St Mary's School (Christchurch) Full primary Years 1-8 State integrated 1.4km
- Te Aratai College Secondary Years 7-15 State 1.5km
- Waltham School Full primary Years 1-8 State 1.7km
- The Cathedral Grammar School Full primary Years 1-8 Private 1.8km
- Christ's College Secondary Years 9-15 Private 1.9km
- Te Pā o Rākaihautū Composite Years 1-15 State 1.9km
- Te Huarahi Linwood Avenue School Primary Years 1-6 State 2.0km
- TKKM o Waitaha Composite Years 1-15 State 2.1km
- Te Puna Wai o Waipapa - Hagley College Secondary Years 9-15 State 2.2km
- Te Waka Unua School Full primary Years 1-8 State 2.3km
- St Mark's School (Christchurch) Full primary Years 1-8 State integrated 2.3km
- Whītau School Primary Years 1-6 State 2.3km
- Pareawa Banks Avenue School Primary Years 1-6 State 2.4km
- Hillview Christian School Composite Years 1-15 State integrated 2.5km
- St Margaret's College Composite Years 1-15 Private 2.7km
- Rangi Ruru Girls' School Secondary Years 7-15 Private 3.0km
- Rudolf Steiner School (Chch) Composite Years 1-15 State integrated 3.1km
- Christchurch Girls' High School -Te Kura o Hine Waiora Secondary Years 9-15 State 3.3km
- Cashmere High School Secondary Years 9-15 State 4.1km
- St Andrew's College (Christchurch) Composite Years 1-15 Private 4.1km
- Christchurch Boys' High School Secondary Years 9-15 State 4.3km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
Find out how much home loan repayments will be
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Photos
Contact Desere Girdlestone
Contact Desere Girdlestone
Desere Girdlestone
5/340 Cashel Street, Christchurch Central 8011
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Desere Girdlestone
5/340 Cashel Street, Christchurch Central 8011