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17/204 Main North Road, Papanui, Christchurch City

High-Spec Investment near Bus, Shops & Town

dollar

Asking Price $599,000

Townhouse
Townhouse
Bedroom
2
Bathroom
2
Floor area
95m2
New build
New build
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Property details

Listing # BF39649 | Listed on 25 June 2025

** To download the property documents for this listing, please copy and paste the following link into your web browser: https://www.propertyfiles.co.nz/property/932650003

Brand-new, high-spec, and built to perform - this is the kind of set-and-forget investment that looks after itself.

With rental appraisals of up to $600 per week, delivering a gross yield of approximately 5.2%, the returns are strong from day one, while modern construction keeps maintenance low and ownership simple.

The street-front position adds real long-term value, offering better natural light, stronger tenant appeal, and greater independence-features that support both rental demand and future capital growth. The off-street car park sits directly beside the front door, with ample additional parking nearby for convenience.

Inside, the fully engineered soundproofing system ensures exceptional acoustic separation, creating a quiet, peaceful environment where occupants hear virtually nothing beyond a low ambient hum-a rare and valuable advantage that enhances everyday living and tenant retention.

Positioned moments from bus routes, Pack'nSave, Northlands Mall, and the CBD, this is a proven rental location where demand remains consistently strong.

Secure a modern, low-maintenance investment with 5.2% yield potential, premium tenant appeal, and a street-front position built to perform now and into the future.

Only two remain - FIRST IN FIRST SERVED!

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Additional features

Other park
1 other park
Water closet
3 Separate toilets
Other Features: Clothesline,Plumbed for fridge,Smart wiring,Double glazing,Artificial grass

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