5/340 Cashel Street Christchurch Central, Christchurch City

ALL OFFERS INVITED !!

With the announcement of a major $130 million development of the Downtown Precinct on the block bordered by Manchester, Cashel, and Lichfield Streets, offering a vibrant mix of retail stores, dining spots, offices and apartments, the time is now for you to invest.

See the article below for further details.
https://www.1news.co.nz/2025/05/10/new-multi-million-dollar-precinct-set-to-transform-christchurch-cbd/

With this townhouse priced way below what the owners paid for it, opportunity is knocking and you should answer the door in order to be close to the Downtown development, which is set to transform the neighbourhood. 5/340 Cashel Street's location within the 4 avenues and a stone's throw from the new Te Kaha Stadium means investing here would be a wise decision.

To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MET39033

Are you:
1. Investor - Currently tenanted on a periodic tenancy

2. First Time Home Buyer - Vacant possession can be given with notice periods

3. Out of town business person - Why stay in a hotel when you can reside in your own townhouse and Air BnB it when you're not here

4. Parents with student at Ara Institute - It's a mere 10 minute walk away and your child can share with a mate

For those looking for an Air BnB, this location is a tourist hotspot, attracting visitors from all over the world. Especially with Te Kaha stadium +-300m away. This location is so convenient, surrounded by everything Christchurch has to offer.

Perfectly compact yet bursting with style, this townhouse is designed to maximize every inch! Spanning over 3 levels, it is sleek, modern, and low-maintenance.

Features include:

• Open plan living, dining, kitchen and gated outdoor space
• 2 bedrooms, spread over 2 levels for extra privacy
• 2 bathrooms, including an ensuite - one for each room
• Bedrooms with good sized built in wardrobes
• 2 heat pumps, located over 2 levels
• European style laundry, with washer/dryer included
• Additional chattels include, fridge/freezer, microwave plus shed

Grab this opportunity with both hands and put pen to paper.

Please NOTE: Owners who are thinking of short-term letting should also be aware of CCC requirements and the implications this has on their insurance cover. Document from the residence association available for download in the property files.

Disclaimer: Photos taken at time of purchasing. Currently tenanted.