Opes Real Estate is pleased to present the opportunity to purchase a substantial portfolio addition of 6 townhouses in an established residential setting, just off Bealey Ave and moments away from all the amenities of the Christchurch CBD.

433 Madras St is a complex of generously-sized homes spread two to three stories, offering expansive floor plans, no body corp, internal access garaging and either two or three bedrooms. Tidily maintained but offering the opportunity to add value, these homes feature north-facing balconies, private courtyards and light-filled interiors.

Compared with other townhouses on the market, you’ll be pleasantly surprised by the ample proportions of the 100-140sqm interiors, as well as the bonus of internal-access garaging, which is a highly sought after commodity amongst tenants in this central location. While the townhouses are very spacious, the complex itself has a boutique feel and benefits from established plantings, providing an oasis away from the hustle and bustle of the city.

Astute investors looking to secure a portfolio addition currently with 100% occupancy in a desirable location will appreciate the well-considered layouts of these homes. The floor plans consist of one two-bedroom and five three-bedroom townhouses.

Underpinning the future value of the investment is the underlying RMD land allowing for substantial unitary development.

From the moment you arrive, you will truly appreciate the multiple benefits 433 Madras has to offer. All the best spots in Christchurch city are moments away by foot, cycle or car, including shops, medical services, parks, the Avon River and the many eateries of the CBD.

Contact us for a detailed income and expenditure breakdown.

Deadline Sale closing 4pm 22nd June 2021 (unless sold prior)

* Please note internal images and views shown here vary and may not be of the property listed for sale