187 Fitzgerald Avenue, Christchurch Central, Christchurch
Located on the corner of Fitzgerald Avenue and Gloucester Street in Christchurch Central, 187 Fitzgerald Avenue is a contemporary development of 20 thoughtfully designed homes. Offering a mix of layouts, this development caters to modern lifestyles in a prime urban location.
The fourteen two-bedroom, two-bathroom homes span two stories, featuring open-plan living on the ground floor with a U-shaped kitchen. Upstairs, two bedrooms with wardrobes include a primary with an ensuite, plus a separate main bathroom. All except unit one and fourteen come with a car park.
The six three-bedroom, three-bathroom homes are spread across three levels, with a single garage and an ensuite bedroom on the ground floor. The first floor boasts open-plan living and a kitchen with an island bench, while the top floor offers two bedrooms, including a master with an ensuite, and a main bathroom.
Each home includes an outdoor patio or deck with a fenced yard, offering a private retreat in a vibrant central location.
Completion Due Q3 2025
Location
Located on the corner of Fitzgerald Avenue and Gloucester Street, this development is moments away from the new stadium, shopping and amenities located in the central business district. This development offers the perfect blend of central city living while being close to the neighboring suburbs.
Te Kaha Stadium 700m
Riverside Market 2.1km
New World Durham Street 2.8km
Hagley Park 3.0km
Christchurch Airport 11.0km
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.
Investment Analysis
Opportunities within Christchurch’s four avenues—the heart of the central business district—are rare and should not be overlooked, especially when they come at such attractive price points from one of New Zealand’s most reputable developers.
Introducing 187 Fitzgerald Avenue, a premium development of 20 modern units in Christchurch’s Central City. With two-bedroom homes starting at $599,000 and three-bedroom options from $849,000, this project offers a unique opportunity to secure a property in one of the city’s most sought-after locations. Positioned just moments from the vibrancy of the central business district, these homes promise unparalleled convenience and accessibility.
The limited availability of land within the four avenues creates a scarcity that drives property values higher in the CBD compared to suburban areas. As Christchurch continues its impressive growth trajectory, the demand for inner-city living is expected to rise, enhancing the appeal of developments like 187 Fitzgerald Avenue for both homeowners and investors.
Christchurch’s Central City has undergone a remarkable transformation in recent years. Key projects, such as the Te Pae Christchurch Convention Centre, Christchurch Metro Sports Facility, and the ongoing development of Te Kaha Stadium, are revitalizing the area. Enhanced public transport, upgraded cycleways, and streetscape improvements are further strengthening the city’s infrastructure, making it a hub for both business and leisure. These enhancements contribute to the long-term potential for property appreciation and a high quality of life.
With prime opportunities like 187 Fitzgerald Avenue becoming increasingly scarce, now is the perfect time to secure your stake in Christchurch’s dynamic future. Don’t miss the chance to invest in a central location that combines modern living with promising growth potential.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: Townhouse Growth: High Yield: Moderate Pros: Capital gains before settlement + Low maintenance living
Suburb Performance
Median sale price 10 years: 73% Median sale price 20 years: 174% Capital growth 10 years: 5.66%
Capital growth 20 years: 5.17%