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City-Fringe Living, Sharp Pricing, Sound Yields.64683084348161110
City-Fringe Living, Sharp Pricing, Sound Yields.64683084348161111
City-Fringe Living, Sharp Pricing, Sound Yields.64683084348161112
City-Fringe Living, Sharp Pricing, Sound Yields.64683084348161113
City-Fringe Living, Sharp Pricing, Sound Yields.64683084348161114
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NZ$519,000
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176 England Street, Linwood, Christchurch 8011, New Zealand
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ADDED 15 HOURS AGO

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Property IntroductionProperty Introduction

City-Fringe Living, Sharp Pricing, Sound Yields.
To be completed in April 2026, the England Street development delivers a modern collection of architecturally designed two-bedroom, two-bathroom townhouses in a high-demand city-fringe location. Contemporary finishes, low-maintenance materials, and a Canterbury clay brick exterior give the homes a premium look that stands out in Linwood. Rental appraisals from two independent property managers place weekly rent at $500–$560, with the mid-point of $530 aligning well with the suburb’s long-term rental levels. At a purchase price of $519,000, these homes sit just above Linwood’s average property value — reflecting their new-build quality — while the rental premium remains modest. This creates strong investor value: better build quality, steady local rents, and solid long-term appeal. Based on $530 per week, the estimated gross yield is 4.9%, consistent with the suburb average. With rising home-ownership (now 55%, above the national average), fewer properties are available to rent, increasing competition for well-presented homes like these. Healthy Homes compliant, with a Residents Association budget of $2,170 and estimated rates of $3,200, England Street offers premium yet accessible investment units supported by strong tenant demand and excellent urban connectivity.
Source:  trademe View original post
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