About the property

The property at 418 Barrington Street, Spreydon, Christchurch offers 11 two-bedroom, two-story townhouses.

Each unit includes open-plan living, a private courtyard, and an allocated car park.

The development is close to the CBD, Barrington Mall, and other amenities.

Prices range from $575,000 to $599,000 with expected yields of 4.77% to 4.88%.

Rent is projected between $530-$560 per week.

The project, led by Four Avenues, is expected to start in Q3 2024 and finish by Q2 2025. The area has strong historical capital growth and high rental demand.