358 Hereford street, linwood, Christchurch
Welcome to 358 Hereford Street, Linwood — a thoughtfully designed development featuring 6 modern homes, perfect for both first home buyers and investors.
With a selection of 2- and 3-bedroom options, each home includes 2 bathrooms and is crafted to offer a comfortable, contemporary living experience.
Each home boasts an open-plan layout that seamlessly connects the kitchen, dining, and living areas, creating a bright, spacious atmosphere. The living space extends
effortlessly to an outdoor area, ideal for relaxed living or hosting guests.
The kitchens are equipped with premium Prime Stone benchtops, sleek tile splashbacks, and high-quality Samsung appliances, including a dishwasher, stovetop,
oven, and heat pump. Designed for modern living, these homes also include a designated car park and a conveniently located laundry area.
Move-in ready features such as a keyless entry system for enhanced security and elegant finishes throughout make these homes both practical and inviting. With low-maintenance living and a stylish design, these properties present an excellent opportunity for savvy investors or first-time buyers looking to secure their spot in the market.
completion due q4 2025
Location
Located on the edge of the city 358 Hereford Street offers the convenience of the city while not being in the hustle and bustle. Many amenities are a walk or short drive away from these properties including shopping, entertainment and restaurants.
Te Kaha Stadium 1km
Ara Institute of Canterbury 1.3km
Riverside Market 2km
Christchurch Hospital 2.7km
Christchurch Airport 12.1km
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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
In recent years, Christchurch has become an increasingly attractive destination for property investment, driven by strong economic growth and significant reconstruction efforts following the 2010 and 2011 earthquakes. The city has experienced substantial progress in construction and infrastructure development, opening up a wide range of investment opportunities across residential, commercial, and industrial properties.
Unlike the larger urban centers of Auckland and Wellington, where property prices have skyrocketed, making it difficult for many investors and first-home buyers to enter the market, Christchurch remains more affordable.
358 Hereford Street offers an exceptional investment opportunity with city fringe townhouses. With an expected rental income of $540 per week, these properties deliver a solid gross yield of 4.76%. The affordability of the city, combined with the competitive pricing of these townhouses, makes it an ideal time to consider expanding your investment portfolio.
The location’s close proximity to essential amenities, schools, parks, and public transport, coupled with Christchurch’s ongoing economic growth, increases the potential for strong returns on investment. Whether you’re an experienced investor or a first-timer looking to enter the market, 358 Hereford Street offers a compelling opportunity to diversify and strengthen your portfolio. Don’t miss out on the chance to benefit from the favorable market conditions and secure a stake in Christchurch’s growing property sector.
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: +65% Median sale price 20 years: +205% Capital growth 10 years: 5.7% Capital growth 20 years: 6%