Gloucester Green, 232 Armagh Street, Christchurch Central, Christchurch

Gloucester Green presents an exceptional opportunity to own a contemporary two-bedroom townhouse in the heart of Christchurch. This development reflects over a century of trusted expertise and marks their eighth residential project within the East Frame. Positioned beside Rauora Park, these homes place you within easy walking distance of the city centre, Latimer Square, Margaret Mahy Playground, the new Court Theatre, and One Stadium, making them ideal for urban living or smart investment.

Each home features an efficient 87–88m² layout, complete with two double bedrooms, a stylish bathroom, a dedicated car park, and a north-facing patio that captures excellent natural light. High-quality finishes include Fisher & Paykel appliances, stone benchtops, under-tile heating, LED cabinetry lighting, and thoughtful storage throughout. Comfort is guaranteed with a central heat pump, Mitsubishi Lossnay ventilation, and panel heaters in each bedroom. Completion is scheduled for Winter 2025, with a comprehensive after-care program providing peace of mind.

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Location

Located at 232 Armagh Street, Gloucester Green sits in the vibrant heart of Christchurch Central, offering unparalleled access to the city’s best amenities. Just steps from Rauora Park, Latimer Square, the Margaret Mahy Playground, and the upcoming Te Kaha Stadium, this prime location blends green space with urban convenience. Whether you're walking to nearby cafes, exploring cultural attractions, or commuting with ease, Gloucester Green places you right at the centre of it all.

• Cathedral Square 700m

• Te Kaha Stadium 700m

• The Crossing 850m

• New World Durham Street 1.8km

• Christchurch Hospital 1.9km

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

Gloucester Green offers an exceptional opportunity for property investors seeking to capitalise on Christchurch’s ongoing regeneration. Located in the CBD, this modern apartment development benefits from being at the heart of a city experiencing significant infrastructure investment and population growth. Over the past few years, Christchurch Central has seen rising demand for well-located, low-maintenance housing, particularly from young professionals, downsizers, and city-based renters. With Christchurch continuing to recover and evolve post-rebuild, capital growth in the central city fringe remains promising, supported by improving lifestyle amenities and a growing urban population.

One of the most significant drivers of future value in this area is the upcoming Te Kaha Stadium, set to open in 2026 just a short walk from Gloucester Green. This $683 million multi-use facility is expected to be a major catalyst for local business activity, entertainment, and property demand. Alongside the stadium, the central city has benefited from major infrastructure upgrades in recent years, including new public transport connections, improved streetscapes, the nearby Te Pae Convention Centre, and the Metro Sports Facility, expected to open in late 2025. These developments are transforming the area into a thriving live–work–play environment, enhancing both rental appeal and long-term growth potential.

For investors, Gloucester Green offers a compelling blend of high-spec construction, energy efficiency, and premium features, all of which are in demand from today’s tenants. The two-bedroom, two-bathroom apartments are ideal for urban professionals or small families, and each includes an off-street car park and climate control systems, making them easy to rent and maintain. Rental demand in Christchurch Central continues to outpace supply, with yields remaining stable and vacancy rates low. With the added bonus of keyless digital locks, EV-ready parking, and secure bike storage, these homes tick all the boxes for quality, convenience, and future-readiness.

In summary, Gloucester Green represents a smart investment in one of Christchurch’s most strategic and fast-improving locations. With strong fundamentals, central location, modern design, and upcoming infrastructure, this development is well-positioned to deliver solid returns for both yield-focused investors and those seeking long-term capital growth.

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