24 New brighton road, Shirley, Christchurch

Situated metres away from The Palms Shopping centre, this development offers fourteen brand-new townhouses in Shirley with the perfect balance of style, comfort, and modern convenience. Designed with first-home buyers, young families, and investors in mind, each home features a spacious open-plan living area that flows seamlessly to a private deck and landscaped outdoor space. The contemporary kitchen, complete with sleek Smeg appliances and a stylish peninsula bench, serves as the heart of the home, making entertaining effortless.

Upstairs, you'll find two generously sized double bedrooms, including a master with a well-appointed ensuite. A second bathroom ensures comfort and privacy for residents and guests alike, while a separate guest toilet on the ground floor adds an extra layer of convenience. Thoughtfully designed to capture the afternoon sun, these homes are filled with natural light, enhancing their warm and inviting atmosphere. Each townhouse also comes with a dedicated car park, offering secure off-street parking.

With low-maintenance living at its core, this development provides the ideal lock-and-leave lifestyle without compromising on space or quality. Professionally landscaped outdoor areas complement the modern design, while the prime location ensures easy access to local amenities, schools, parks, and public transport. Whether you're looking for your first home or a smart investment, 32 Hammersley Avenue is an opportunity not to be missed.

Completion due q4 2025

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

Investing in property at 24 New Brighton Road, Shirley, Christchurch, presents a compelling opportunity due to its strategic location, robust infrastructure, and access to a wide range of amenities. Shirley is a well-established suburb approximately 5 kilometres northeast of Christchurch's Central Business District (CBD), making it a convenient choice for both residents and investors.

The area boasts excellent infrastructure, with easy access to major roads and public transportation, facilitating seamless commutes to the CBD and other parts of the city. The proximity to The Palms Shopping Centre, located directly across from New Brighton Road, offers residents a variety of retail stores, supermarkets, dining options, and entertainment facilities, enhancing the appeal of the location. Additionally, recreational spaces like Burwood Park are within walking distance, providing ample opportunities for outdoor activities.

The property at 24 New Brighton Road is situated in a vibrant community with a mix of residential developments. Recent sales in the area indicate this development is priced strong. For instance, a two-bedroom, one-bathroom with an off-street carpark townhouse in the same road sold for $560,000. Another comparable property, is currently listed at $569,000, offering two bedrooms, two bathrooms, and off-street parking. In addition, the units at 24 New Brighton Road are priced $6,000-$31,000 under a recent valuation, these figures suggest that investing in a similar property at 24 New Brighton Road could be a prudent financial decision, aligning with the current market trends.

The demand for rental properties in Shirley is notable, with approximately 32.1% of residents living in rental accommodations. The median rent for houses is $540 per week, providing a rental yield of around 4.3%. This indicates a favorable environment for property investors seeking steady rental income. This development has been appraised at $560 per week rent making the gross yield of 5.5%. The combination of modern amenities, strategic location, and strong rental demand makes 24 New Brighton Road a promising investment opportunity in the Christchurch property market.

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