382 Colombo Street, Sydenham, Christchurch

Nestled in Sydenham, 382 Colombo Street presents a unique opportunity to secure a modern, move-in-ready home in a prime city-fringe location. With one-bedroom, two-bedroom, or dual-key options, these stylish residences offer exceptional flexibility to live in, rent out, or capitalise on the short-term accommodation market. Spread across four architecturally designed blocks, this development of nineteen homes provides a range of options to suit your lifestyle and investment needs.

Each home is designed for comfort and convenience, featuring Euromaid appliances and landscaped outdoor spaces. The one-bedroom homes are single-level across a two-level block, offering an easy-care living solution. At the same time, the dual-key residences are spread over three levels and provide a self-contained ground-floor studio with a two-bedroom home above, ideal for home-and-income opportunities. Positioned at the Colombo Street frontage, the two-bedroom homes sit above a commercial unit on a three-level block, with living spaces on the first floor and bedrooms located on the second. Most of the residences come with dedicated off-street parking.

With its prime location, contemporary design, and flexible living options, 382 Colombo Street is a standout choice for homeowners and investors alike. Whether you're looking for a stylish city base, a high-yielding rental, or a short-term accommodation investment, these homes deliver the perfect balance of lifestyle and financial potential. Don't miss your chance to secure your spot in this sought-after development!

completion Due Q1 2026

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 382 Colombo Street, Sydenham, presents a compelling opportunity, bolstered by Christchurch's anticipated property market growth of 5-7% in 2025. This positive trend is underpinned by the city's affordability, with average property prices approximately $168,000 below the national average, making it an attractive prospect for investors. ​

The Sydenham area is poised for significant transformation, guided by the Sydenham Master Plan, which aims to enhance its unique identity as a hub of industry and innovation. This plan includes targeted residential activities around Buchan Park and improvements to pedestrian and cycle infrastructure, contributing to the suburb's revitalization and appeal. ​See the master plan : Christchurch City Council

Furthermore, the flexibility of 382 Colombo Street to accommodate both short-term and long-term rentals caters to diverse tenant preferences, enhancing its investment appeal. With rental yields in Christchurch averaging between 4% and 5%, and certain areas targeting yields up to 6.3%, this property offers promising returns. The ongoing urban regeneration projects and infrastructure enhancements in Sydenham are set to further elevate property values and rental demand, solidifying 382 Colombo Street as a strategic investment choice.​

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