13 Warrington Street, St Albans, Christchurch

Welcome to 13 Warrington Street, St Albans, a seven-unit development designed for modern living. Each one-bedroom townhouse features off-street parking, with Unit One boasting a single garage. These thoughtfully designed homes offer a seamless blend of comfort and style, perfect for singles or couples seeking a cosy retreat.

The ground floor welcomes you with an inviting living area that flows effortlessly into a contemporary kitchen equipped with Fisher and Paykel appliances and an engineered stone bench.

Upstairs, you'll find a spacious bedroom and a well-appointed bathroom, providing a private sanctuary away from the hustle and bustle of daily life.

Each townhouse is fully turn-key, ensuring a move-in experience, including essential features such as window coverings on most windows, a mailbox, and a complete fenced-in section for added privacy and security. The outdoor spaces are equally impressive, with private patios and grass areas perfect for relaxation or entertaining. The landscaping will be completed, featuring planter boxes ready for you to add your personal touch with plants.

Climate comfort is guaranteed with a modern heat pump installed in each unit, ensuring a cosy atmosphere year-round. Whether you're looking for your first home or a wise investment, 13 Warrington Street offers an exceptional opportunity to own a stylish, low-maintenance property in a desirable location.

completion Q3 2025

Location

13 Warrington Street is located on the outskirts of the central city in St Albans, a city fringe suburb. With a number of amenities within a short walk or drive everything is thought of. With a number of choices of schools and preschools for the residents children around the area.

• The Palms Shopping Centre 1.7km

• Mairehau High School 2.0km

• Christchurch CBD 3.1km

• Pak’nSave Papanui 3.7km

• Christchurch Airport 10.7km

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 St Albans 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, St Albans 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 5.1%, which is competitive compared to the Christchurch average of around 4.0%.

Current projects