1/40 Geraldine Street Edgeware, Christchurch City

To download the property files for this property, copy the link into your web browser: https://www.propertyfiles.co.nz/property/MCN37993

Currently returning $950 per week, this four-bedroom, four-bathroom townhouse is a ready-made investment with strong income and broad appeal. The fixed-term tenancy runs until 14 January 2026, giving investors confidence in ongoing cashflow while also offering home buyers the option to move in with vacant possession.

Designed for modern living, the home features a spacious open-plan kitchen and living area with timber-look flooring, a sleek monochrome palette, and full-width bifold doors opening to a sunny, private courtyard. It's a practical and inviting hub, well-suited to professional tenants or co-living arrangements.

Each of the four generous upstairs bedrooms has its own ensuite, ensuring privacy and convenience for all occupants. A downstairs powder room, excellent storage, and thoughtful extras like a carpeted garage add everyday ease.

The property also includes a double internal-access garage and a landscaped, fully fenced outdoor area.

Just minutes from Edgeware Village, Hagley Park, and the central city, this townhouse blends income security with long-term potential. Whether you're seeking a high-performing investment or a stylish future home, this address delivers both.

Investor snapshot:
Weekly rent: $950
Annual rent: $49,400
Fixed-term tenancy: Until 14 January 2026
Rateable value (RV): $870,000
CCC Rates: $5,185.68

* Please note the current tenant furniture differs from that in the images *

rwmetro.co.nz/MCN37993