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Brand new 2 bedroom Townhouse, 5km from Christchurch CBD.

Priced at $360,000, appraised rent $420 p/w for an estimated 6.06% gross return

John Lodge

Licensee Agent

027 256 3838 | 0508 735 546

Complete Your Details to Register your Interest

This is not a contract for the sale and purchase of a property.

Completing this form does not commit you to purchase: this is an expression of interest form that allows the team at Real Estate Investar to contact you about this investment opportunity, answer any questions you may have and if you wish help you to select the property that best meets your investment preference.

Real Estate Investar Ltd Licensed Real Estate Agency (REAA 2008)  


With only 1 remaining, an investment opportunity in Christchurch is available approximately 5kms from Cathedral Square and Christchurch CBD.

2 Bedrooms, 1 bathroom, 1 detached garage.

Expected gross yield of 6.06%.

On the banks of the Heathcote River.

Close to The Tannery, public transport, St Johns Hospital, Schools & Ara Institute of Canterbury.

Property Overview

This townhouse is priced at $360,000 returning an appraised $420 pw for a 6.06% gross return. The property is all but completed and should be ready to be tenanted in the next 6 months.

This location has proven very attractive as a rental destination with several developments in the area reporting high demand and high occupancy.

Ashmole Street is situated near the boutique shopping emporium on the banks of the Heathcote River known as The Tannery. Boasting stunning architecture and art, and home to a concentration of boutique shops, hospitality, retail, craft and entertainment.

This property is tenant ready and includes drapes, carpets, mailbox, heat pump, dishwasher, clothesline and landscaping to make it as easy and low maintenance as possible for the investor. 

  • Permanent material
  • Easy walk to the Heathcote river
  • Good arterial access
  • Supermarket nearby
  • Easy care garden 

Location Overview

Woolston is a light industrial and residential suburb of Christchurch in the South Island of New Zealand. It is situated five kilometres southeast of the city centre, close to major arterial routes including State Highways 74 and 76 to Banks Peninsula. The Heathcote River flows through the suburb.

Attractions such as The Tannery have visitor numbers at an all-time high, pumping money into the local economy. The Tannery is a boutique shopping emporium on the banks of the Heathcote River and includes a number of boutique shops, bars, restaurants, and a cinema. Further east, the Woolston Village boasts around-again cycles, a brand new supermarket, various takeaways, bars, and restaurants.

  • Walking distance to The Tannery – shopping and dining precinct
  • 1 minute walk to public transport
  • 12 minutes to Christchurch CBD
  • 11 minutes to St Johns Hospital
  • 10 minutes to Ara Institute of Canterbury (Institute of Technology)
  • 10 schools and Early Learning Centres withing 1 km radius
  • 13 km to Christchurch Airport
Top Reasons to Invest in Ashmole St, Woolston
Duplex 2 bed, 1 bath, 1 detached garage
Low entry price $360,000
Prime location Approximately 5kms from Cathedral Square and Christchurch CBD
High demand Several developments in the area reporting high demand and high occupancy

Limited stock available

Complete your details to register your interest and a Property Investment Specialist will contact you to answer any questions you may have.

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