118 McFaddens Road, St Albans, Christchurch

Located in a sought-after city-fringe location, 118 McFaddens Road presents a refined collection of architecturally designed townhouses that blend contemporary style with effortless everyday living. Clean lines, a striking contrast of crisp white plaster and bold black cladding, and carefully considered detailing create a timeless exterior with strong street appeal.

Inside, open-plan kitchen, living, and dining spaces flow seamlessly to a private courtyard, providing the perfect balance between indoor comfort and outdoor relaxation. The designer kitchen is well appointed with quality appliances, generous bench space, and ample storage, making it ideal for both daily living and entertaining. Warm timber tones, soft grey flooring, and a neutral palette add texture and balance, creating interiors that feel modern yet inviting.

Upstairs, two generous bedrooms are complemented by two fully tiled bathrooms, including a master ensuite. Each home also includes an internal access single garage with a convenient laundry nook, along with thoughtful inclusions such as a heat pump, dishwasher, washing line, letterbox, and keyless Schlage digital entry. These townhouses are designed for ease, security, and low-maintenance living in one of Christchurch’s most desirable suburbs.

completion Due Q2 2026

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Overview

118 McFaddens Road presents a compelling investment opportunity in St Albans, one of Christchurch’s most established and tightly held city-fringe suburbs. With capital growth averaging 4.40% over the past 10 years and 4.66% over 20 years, St Albans has consistently demonstrated resilience and long-term appeal.

The suburb’s median sales price sits at $815,000, while this project is priced well below that at $579,000–$649,000, offering investors clear entry-value in a blue-chip location. Locking in today’s pricing ahead of the expected June 2026 completion positions buyers to benefit from both construction-period uplift and future market growth.

Rental fundamentals remain strong, supported by a median rent of $550 per week in St Albans. Rental appraisals for this development range from $520 to $600 per week, delivering gross yields of approximately 4.7%–4.9%, which is attractive for a suburb so close to the CBD. Demand is driven by professionals, hospital staff, and downsizers seeking modern, low-maintenance homes in established neighbourhoods, particularly where new-build supply is limited.

The location further strengthens the investment case, offering excellent connectivity to Christchurch CBD, major employment hubs, and everyday amenities. Residents enjoy easy access to Edgeware Village, Merivale Mall, cafés, supermarkets, parks, and public transport, with commuting by car, bike, or bus both quick and convenient. Proximity to arterial routes also provides efficient travel across the city.

Christchurch’s continued urban regeneration underpins long-term confidence, with major projects such as the Te Kaha Stadium (Our partner company, Thrive Investment Partners talks more about the significance of the stadium here), central city revitalisation, and transport upgrades expected to drive employment, population growth, and housing demand. Combined with below-median pricing, solid rental returns, and a premium city-fringe location, 118 McFaddens Road represents a well-balanced investment offering income stability today and capital growth potential into the future.

Current projects