300 & 310 Manchester Street, Christchurch Central, Christchurch

300 & 310 Manchester Street presents a compelling investment opportunity in the heart of Christchurch Central, a location that continues to benefit from sustained regeneration and long-term urban demand. With capital growth averaging 4.07% over the past 20 years, the CBD has proven its resilience and ability to recover and grow through multiple property cycles. This development is priced from $639,000 to $1,150,000 depending on typology, sitting competitively around the Christchurch Central median sale price of $655,000, while offering the advantages of new-build quality and modern design. By securing today’s pricing and settling in Q2 2027, investors are well positioned to capture capital growth over the construction period as the central city continues to mature.

Rental fundamentals in Christchurch Central remain strong, underpinned by a diverse tenant base including professionals, students, hospital staff, and inner-city workers. The suburb’s median rent sits at $499 per week, while rental appraisals for this project range from $520 to $750 per week, delivering estimated gross yields of approximately 3.05% to 4.35% depending on unit typology. The variety of typologies enhances flexibility for investors, allowing targeting of both long-term tenants and premium inner-city renters seeking proximity to employment and amenities.

From a lifestyle and connectivity perspective, the location is a standout. Positioned within walking distance of the CBD, Otakaro Avon River Precinct, retail and hospitality hubs, and major employment centres, the development also benefits from excellent public transport links and cycling infrastructure. Large-scale city investments such as the Te Kaha Stadium, the Convention Centre, hospital expansion, and ongoing council-led urban upgrades are continuing to transform the central city into a vibrant, high-amenity residential destination.

Overall, 300 & 310 Manchester Street offer investors the chance to secure a future-focused asset in one of Christchurch’s most strategically important locations. With strong rental demand, proven long-term capital growth, and the ability to lock in pricing well ahead of completion, this project represents a well-balanced investment combining income, location, and the potential for capital uplift through to settlement and beyond.