Situated on sought-after Montreal Street in the heart of the highly regarded West End precinct, this character investment property offers an outstanding combination of location, landholding, and long-term appeal. Underpinned by a 672m² freehold site, the asset provides both immediate income and enduring land value in one of the city’s most tightly held neighbourhoods.
Configured as four fully self-contained apartments, the building delivers multiple income streams and strong rental resilience, appealing to investors seeking diversification and stability with potential future upside.
The location is a standout. Just moments from the Arts Centre, Art Gallery, and Christchurch Hospital, and within easy walking distance of Hagley Park, the property is perfectly positioned to capture consistent tenant demand driven by employment, education, and lifestyle amenities. The surrounding area offers excellent access to public transport, hospitality, retail, and the central city’s cultural attractions.
The property also benefits from on-site car parking, a highly desirable feature in this inner-city location, further enhancing tenant appeal and long-term rental performance.
Zoned for well-regarded local schools, the property’s position adds an additional layer of appeal for long-term tenants and future buyers alike.
309 Montreal Street represents a rare opportunity to acquire a character asset with strong underlying land value, proven configuration, and a premier West End location.
The property is offered for sale by Deadline Private Treaty closing: 4pm, Thursday 12 March 2026 (unless sold prior).
*Boundary lines are indicative only.
Features:
- Character building with timeless street appeal
- Four self-contained apartments
- Multiple income streams
- On-site car parking
- Prime West end inner-city location
- Strong tenant demand area
- Immaculately presented
- 672 sq m Freehold HRZ land holding
More information: https://www.colliers.co.nz/p-NZL67038216
