196 Hills Road, Edgeware, Christchurch

Experience the perfect blend of traditional charm and modern urban living at 196 Hills Road, Edgeware. This new development comprises eight two-bedroom townhouses, each meticulously designed to balance elegance, comfort, and functionality.

Nestled just 10 minutes from Christchurch's vibrant CBD, this prime Edgeware location offers unparalleled convenience. With The Palms Mall, St Albans Park, and the Central City all just minutes away, residents will have access to many amenities in every direction, making it ideal for homeowners and investors alike.

These townhouses stand out with their low-maintenance brick exteriors inspired by classic British architecture, promising longevity without sacrificing style. Complemented by modern fixtures such as Quartz benchtops, custom curtains and blinds, and electronic door locks, each home is thoughtfully crafted to be practical and aesthetically pleasing.

Inside, the fresh and inviting living spaces feature warm wood vanities, porcelain tiles, and Gun Metal fittings, creating a stylish yet functional environment. The interiors seamlessly merge timeless English design elements with contemporary touches, resulting in sophisticated and welcoming homes.

Whether taking a leisurely bike ride to New Regent Street for a coffee or catching an e-scooter to the future Te Kaha Stadium, Edgeware's connectivity and vibrant lifestyle offerings make it an ideal place to call home. Take your chance to be a part of this exciting new community.

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Location

Located in the city fringe suburb of Edgeware 196 Hills Road offers living close to the city while not being in the hustle and bustle of the central city. Many amenities are a walk or short drive away from these properties including malls, supermarkets and restauraunts.

  • The Palms Mall 1.1km

  • New World Stanmore 1.7km

  • Mairehau High School 1.8km

  • Christchurch CBD 3.7km

  • Christchurch Airport 11.9km






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

Edgeware, one of Christchurch's most inner city suburbs, offers an enticing investment prospect for several reasons. Firstly, compared to other major centres in New Zealand, property prices in Christchurch, especially within or around the Central Business District, remain relatively affordable. For example, at the beginning of 2025, the average house price in Christchurch stood at $700,000, notably lower than Auckland's $1,340,000 and the national median of $800,000. 

One particularly exciting investment opportunity is 196 Hills Road, a completed development. Investing in property in suburbs like Edgeware presents a compelling opportunity, mainly due to its convenient access to a wide range of local amenities. Situated on the edge of the central city, Edgeware provides residents easy access to supermarkets, cafes, restaurants, and recreational areas, all within walking distance or a short commute. This accessibility enhances residents' quality of life and increases the area's desirability for potential tenants and buyers.

Moreover, Christchurch's Central City is undergoing significant revitalisation, with projects such as Te Kaha Stadium, a state-of-the-art facility costing $680,000,0000, currently in construction alongside other infrastructure developments. These projects are poised to enhance not only the appeal and value of Christchurch's inner city suburbs but also the entire city for years to come. 

Investors considering properties within this development can expect attractive rental yields of up to 5.0%, which is competitive compared to the Christchurch average of around 4.0%.


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: +70% Median sale price 20 years: +204% Capital growth 10 years: 5.46% Capital growth 20 years: 5.71%