38 Chelsea Street, Linwood, Christchurch

Welcome to 38 Chelsea Street, Linwood, an exclusive development of nine architecturally designed homes that combine sleek modern living with low-maintenance comfort in a prime city-fringe location. Each thoughtfully designed two-bedroom, one-bathroom home features open-plan living, a contemporary kitchen, and a private outdoor area complete with timber decking, ideal for entertaining or relaxing. With an off-street car park included and keyless entry for added security and ease, these homes offer both practicality and peace of mind.

Inside, durable finishes, spacious layouts, and quality Samsung appliances, including a heat pump and dishwasher to ensure everyday comfort and energy efficiency. Whether you’re a first-home buyer, downsizer, or investor, this development presents an outstanding opportunity to secure a brand-new home in one of Christchurch’s most convenient and rapidly regenerating suburbs.

completion due q3 2026

Location

Located directly across from Eastgate Shopping Centre, 38 Chelsea Street offers unbeatable convenience with shops, cafés, and essential services just steps away. Nearby parks, schools, and community amenities make it ideal for families, while easy access to the CBD, The Tannery, and the beach adds to its lifestyle appeal.

• Eastgate Shopping Centre 260m

• Linwood Pool 750m

• Cathedral Square 3.9km

• New Brighton Pier 5.7km

• Christchurch Airport 14.4km

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

38 Chelsea Street presents an excellent investment opportunity in Linwood, an established suburb just 3km east of Christchurch’s central city. Known for its accessibility and ongoing urban renewal, Linwood is well positioned to benefit from the city’s continued growth and regeneration. The area has demonstrated reliable long-term value appreciation, with capital growth of 5.26% over the past 20 years and 4.85% over the past decade. With a mix of older homes and quality new developments, Linwood is attracting a growing number of tenants looking for affordable, well-located housing close to key amenities and employment hubs.

The rental market in Linwood remains strong, supported by its proximity to the CBD and increasing demand for modern, low-maintenance homes. The median rent in the suburb is $470 per week, while the rental appraisal for 38 Chelsea Street sits between $510 and $540 per week, reflecting the premium that new-build properties can command. This translates to a strong gross rental yield, making it an attractive option for investors focused on both cash flow and capital growth. The development is likely to appeal to young professionals, hospital staff, and small families seeking value and convenience.

From a location standpoint, Linwood offers excellent connectivity. Residents benefit from quick access to the city centre, Christchurch Hospital, and Ara Institute via main arterial routes and public transport. The area is also well-serviced by local amenities including Eastgate Mall, schools, parks, and the city’s expanding cycleway network. Importantly, Linwood is just a short distance from the $683 million Te Kaha Stadium, a major infrastructure project set to open in 2026. This landmark venue will boost local activity and employment, further enhancing the appeal of surrounding suburbs like Linwood.

In summary, 38 Chelsea Street delivers the ideal mix of affordability, strong rental performance, and long-term capital gain potential in a suburb on the rise. With proximity to the CBD, modern design, and alignment with key infrastructure growth, it represents a compelling addition to any investor’s Christchurch portfolio.

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