350 Colombo Street, Sydenham is selling fast and it’s no surprise!
I just wanted to give you a quick update on the Sydenham townhouses before the weekend, this is the highest yielding project we currently have and have seen for a long time. I've put together a quick video update for you, check it now!
Newly completed townhouses from New Zealand’s most recognised builder.
These townhouses are extremely well designed in a prime Christchurch locationwith high quality finishes and low maintenance, only 2km from the city centre.
Cash-backs & furnishing inclusions exclusive to the Property Factory
A mixture of 1 bed and 2 bed townhouses at below median price points(limited stock available).
Prices:1 bed $330k - $385k, 2 beds $430k - $470k.
Cashflow positive up to $5,304 per year.
With yields of up to 6.4%, these properties will sell fast.
The Christchurch market is undervalued based on the historical growth performance and growing gap between Christchurch and the national average. In the last 10 years the market grew 40% in value compared to 80% in the prior 10 years. The earthquakes in 2010 and 2011 and the subsequent city rebuild have interrupted the growth cycle. These are 2015 prices!