49-51 Laurence Street, Waltham, Christchurch
Introducing an unparalleled opportunity to secure your dream home at 49-51 Laurence Street, Waltham. These brand-new townhouses are crafted to elevate modern living with its exceptional design and prime location.
Set on a freehold title and designed for a low-maintenance lifestyle, this residence is perfectly positioned near The Colombo, the under-construction stadium, and Christchurch’s vibrant CBD. Whether you’re a first-time buyer, an investor, or seeking a lock-and-leave city pad, this townhouse delivers convenience and comfort in equal measure.
The interior boasts two spacious double bedrooms, each fitted with oversized built-in wardrobes for all your storage needs. A sleek, modern bathroom with a tiled shower and the added convenience of a ground-floor powder room enhance everyday functionality. The heart of the home is the kitchen, a modern masterpiece featuring premium Smeg appliances, stone benchtops, and ample streamlined storage, ensuring both style and practicality.
The open-plan living area is flooded with natural light, seamlessly flowing out to a kwila deck, ideal for enjoying Christchurch’s long summer evenings. Smart design touches, including roller blinds throughout and a separate laundry room, add to the home’s polished practicality. Outside, the landscaped, easy-care section includes hidden storage, a fold-down clothesline, and a dedicated car park directly connected to your outdoor space.
This thoughtfully designed townhouse embodies effortless living and superb convenience. Don’t miss this chance to secure a stunning, move-in-ready home, act now to make it yours!
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Location
Waltham offers a blend of urban convenience and residential charm, situated near the city centre, the area provides easy access to shopping, dining, and entertainment options, while also being close to major transport links and amenities. With a mix of character homes and modern developments, Waltham continues to attract professionals, students, and investors looking for a vibrant and well-connected community.
The Tannery 2.6km
The Colombo 2.7km
New World Durham Street 3.4km
Christchurch CBD 3.5km
Christchurch Airport 13.3km
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 emerged as a promising investment destination due to robust economic growth and significant reconstruction efforts following the 2010 and 2011 earthquakes. The city has witnessed a notable upswing in construction and infrastructure development, creating diverse investment prospects in residential, commercial, and industrial properties.
Unlike major urban centres like Auckland and Wellington, where property prices have soared beyond the reach of many investors and first-home buyers, Christchurch has maintained affordability.
49-51 Laurence Street presents a unique investment opportunity with completed ready-to-go townhouses. The expected rents for these townhouses is $550 per week, offering a robust gross yield of 5.1%. This competitive pricing and the city's affordability make it an opportune moment to consider expanding your investment portfolio.
The location's accessibility to essential amenities, schools, parks, and public transport, combined with the ongoing economic growth in Christchurch, enhances the potential for solid returns on investment. Whether you are a seasoned investor or looking to enter the property market, 49-51 Laurence Street provides a compelling proposition to diversify and strengthen your investment portfolio. Take advantage of this chance to capitalise on the favourable market conditions and secure a stake in Christchurch's thriving property landscape.
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: +85% Median sale price 20 years: +241% Capital growth 10 years: 6.09% Capital growth 20 years: 6.33%