55 Opawa road, waltham, Christchurch

Welcome to 55 Opawa Road, Waltham, Christchurch, where contemporary design meets convenience in the heart of Waltham. This fantastic development, comprising 15 units ranging from one to three bedrooms, offers a modern lifestyle with thoughtful architectural features and convenient amenities.

Situated in the thriving Waltham area, this property boasts excellent connections to public transport and the CBD, ensuring ease of access to all Christchurch offers.

Each unit within this development is crafted with careful attention to detail, featuring Fisher & Paykel appliances, keyless entry, and a healthy home compliance guarantee, ensuring both reassurance and security for residents.

Unit 1, with its exclusive square 6x6 design, offers two bedrooms and two bathrooms spread across a thoughtfully planned living space. The square layout maximises efficiency, providing ample room for relaxing living arrangements and potential privacy for occupants. Unit 1 interfaces with the street and enjoys two entry points, enhancing accessibility and convenience.

Unit 2 also features the exclusive square 6x6 design, with three bedrooms and two bathrooms. The spacious layout ensures a balanced and efficient use of space, complemented by generous soft landscaping. Additionally, Unit 2 interfaces with the street and enjoys two entry points for enhanced accessibility.

The two-story, one-bedroom unit offers a generous living and dining area downstairs, perfect for relaxation and entertainment. Upstairs, the bedroom and bathroom provide privacy from the living area below, while the large outdoor area allows for seamless indoor/outdoor flow and outdoor activities.

Unit 4, featuring three bedrooms and two bathrooms, also benefits from the square layout, ensuring efficient use of space. This unit has an extra-large outdoor area, ideal for enjoying the fresh air and sunshine.

With designated off-street parking and a fee-simple freehold title, 55 Opawa Road promises a hassle-free living experience in a prime location. Embrace the best contemporary design and define your lifestyle in this exclusive development.

completion Q2 2025

Location

Situated in the thriving Waltham area, this property boasts excellent connections to public transport and the CBD, ensuring ease of access to all Christchurch offers.

• New World St Martins 1.4km

• The Colombo 1.9km

• The Tannery 2.1km

• Christchurch CBD 3.2km

• Christchurch Airport 13.2km

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 Analysis

In recent years, Christchurch has undergone a remarkable transformation, driven by extensive reconstruction efforts following the earthquakes of 2010 and 2011. This revitalisation has sparked a surge in construction and infrastructure projects, creating numerous investment opportunities within the residential property market.

Compared to major urban centres like Auckland and Wellington, Christchurch offers a relatively affordable property market. This is particularly advantageous in a high-interest rate environment where entry-level investment in other main cities can be financially challenging for many investors. For example, as of May 2024, the median house price in Christchurch was $678,000, significantly lower than Auckland's $1,212,000 and the national median of $770,000.

Investing in property in suburbs like Waltham presents a compelling opportunity, mainly due to its convenient access to a wide range of local amenities. Situated on the edge of the central city, Waltham provides residents easy access to supermarkets, cafes, restaurants, and recreational areas, all within walking distance or a short commute. This accessibility enhances residents' quality of life and increases the area's desirability for potential tenants and buyers.

Investors considering properties within this development can expect attractive rental yields of up to 5.7%, which is competitive compared to the Christchurch average of around 4.0%.

Current projects