Madras Square, Christchurch Central, Christchurch
Welcome to Madras Square, Christchurch Central, where contemporary style meets timeless charm in a vibrant urban setting. Madras Square presents a modern architectural masterpiece, seamlessly blending character features with sleek design.
Comprising 86 townhouses, Madras Square offers various living options, including two and three-bedroom residences meticulously crafted to cater to diverse lifestyle preferences. Nestled within the heart of Christchurch's central city, this development is thoughtfully designed to foster a genuine sense of community, making it an ideal choice for discerning urban dwellers.
Step inside each townhouse to discover modern, inviting spaces with open-plan layouts, tasteful neutral decor, and premium fixtures and fittings. Whether entertaining guests or enjoying quiet relaxation, every corner exudes comfort and sophistication.
For convenience and practicality, a selection of the homes in Madras Square provides parking options, including cycle parking, car parking, and garages, ensuring that every resident's needs are met. Embrace outdoor living with private patios and balconies, perfect for soaking in the sun or enjoying al fresco dining. Additionally, residents can relish in the lush greenery of the shared courtyard or explore the nearby Hagley Park and Margaret Mahy Playground, offering endless recreational opportunities just moments away.
Experience the model of urban living at Madras Square, where every aspect is tailored to fulfil your desires for a stylish, relaxing, and suitable inner-city lifestyle. Welcome home to Madras Square, your gateway to urban sophistication and unparalleled convenience.
Completion due Q4 2024
Location
Living in Madras Square, you'll be close to Christchurch's best amenities, from retail to dining and Town Hall events. Plus, just under 2km away is the upcoming Parakiore, New Zealand's largest aquatic and leisure centre, and the new stadium being built. At the same time, iconic New Regent Street and the beloved Margaret Mahy Playground offer endless entertainment options nearby.
Christchurch CBD 1.0km
Hagley Park 2.3km
Durham Street New World 2.6km
Christchurch Hospital 3.5km
Christchurch Airport 10.2km
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
Central Christchurch, located in the heart of New Zealand's South Island, offers a compelling case for property investment due to a combination of factors that make it a highly desirable and promising location for investors. The area is buzzing with large-scale infrastructure projects like Te Kaha Stadium, the Metro Sports Complex, and Te Pae Convention Centre, which are bound to boost the local economy and spur growth.
Not only does the Christchurch City Council have a goal of housing 20,000 residents within the four avenues by 2024, but the city's business district is also home to several large-scale infrastructure projects that are sure to fuel the local economy and stimulate growth. These include Te Kaha Stadium, the Metro Sports Complex and Te Pae Convention Centre.
Only a handful of new developments on the market in the Central City truly present excellent value for money, and this is undoubtedly one of them.
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: Low maintenance / CCMU Zoned
Suburb Performance
Median sale price 10 years: +82% Median sale price 20 years: +238% Capital growth 10 years: 6.17% Capital growth 20 years: 6.28%